OAO «Tatneft’» declared that from May, 8, 2009 its program of Global Depositary Receipts (GDR) on Statute With will be translated on the level of the program of American Depositary Receipts (ADR) with an appeal at the upstairs market of the USA. Besides it, a current betweenness GDR and usual shares will be changed from 1 by 20 (1 GDR presents 20 usual shares) on 1 to 6 (1 ADR presents 6 usual shares). Numbers CUSIP/ISIN, and also character on Throgmorton Fund Street (ATAD) does not change. Shareholders
«Tatnefti» – holders GDR on closing of auctions of May, 7, 2009 will get additional 233,333333% ADR on the basis of amount of Global Depositary Receipts, registered on their accounts of domain. GDR, being in a domain, will be automatically converted
for the reflection of new betweenness by depositary receipts and usual shares. No actions from the side of proprietors of GDR are not required. To according to «Tatnefti», change of status of the program GDR on the program ADR with an appeal at the upstairs market of the USA
and the change of betweenness by depositary receipts and usual shares will improve liquidity of shares of company and will do their accessible to more wide circle of investors.
