Gazprom’s Board of Directors meeting will bw held on February 25, 2003

Gazprom’s Board of Directors meeting will be held on February 25, 2003, at 15:00. The meeting’s agenda is as follows:

1. Gazprom 2003 budget (financial plan), investment program and expenditure reduction program approval.
2. Gazprom construction business de-monopolization program and its implementation.
3. Gazprom and its affiliates’ non-core business and loss-making assets liquidation schedule for 2003.
4. The schedule of companies which may be contracted by Gazprom to perform independent asset valuation.
5. Approval of internal documents regarding the short-listing of audit companies that will perform the mandatory yearly audit of Gazprom.
6. Gazprom participation in Kaunas thermal power generation plant acquisition.

Information Directorate, OAO Gazprom