LUKOIL International Finance B.V. INFORMATION FOR HOLDERS OF THE NOTES DUE 2023 (0550Q)

TIDM51QM

RNS Number : 0550Q

LUKOIL International Finance B.V.

15 February 2023

PRESS RELEASE

FEBRUARY 15, 2023

INFORMATION FOR HOLDERS OF THE NOTES ISIN XS0919504562

DUE APRIL 24, 2023

PJSC LUKOIL (hereinafter - the Company) informs the holders of the U.S.$1,500,000,000 4.563 per cent. Notes of LUKOIL International Finance B.V. guaranteed by the Company due April 24, 2023 ISIN XS0919504562 that they can apply for redemption of their Notes on the maturity date via direct payment option.

The direct payment option implied by Condition 8 (Payments) of the Conditions of the Notes allows the Issuer fulfill its obligations to Noteholders directly without involvement of international clearing systems (Euroclear, Clearstream, DTC). The application of the direct payment option is due to a situation when the payments on LUKOIL Group Notes made in October-November 2022 have not been properly executed to date by international clearing systems.

The information on the application procedure for direct payments will be placed on the Company's website under the link .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STRSFSFIIEDSESE

(END) Dow Jones Newswires

February 15, 2023 10:02 ET (15:02 GMT)