New Year and Christmas greetings!

Dear colleagues,

Dear friends,

On behalf of the Gazprom Management Committee and my personal behalf, I would like to warmly congratulate you on the wonderful holidays – the New Year and Christmas!

In the outgoing year Gazprom wrote several significant events into the gas industry history. The first string of Nord Stream – the unique and unparalleled gas pipeline – has been built. Now, Russian gas is flowing to Europe directly. The Sakhalin – Khabarovsk – Vladivostok gas transmission system has been commissioned. As a result, the large-scale gasification process in the Far East has been launched and the conditions for gas supplies to the Asia-Pacific countries have been created. Construction of Dzhubga – Lazarevskoye – Sochi, the first offshore gas pipeline in Russia and the main energy thoroughfare of the Winter Olympic Games 2014, has been completed.

In 2011 the Company allocated more than RUB 29 billion – the record investment volume – for the gasification of the Russian regions. These funds allowed to supply gas to some 390 towns and settlements around the country. In Russian underground gas storage facilities the operating reserve of 65.2 billion cubic meters, the largest one in the domestic gas industry history, was created. The power generating capacities of above 1.7 GW built by Gazprom throughout the country only in 2011 exceeded those created by RAO UES of Russia during the entire period of its existence.

These achievements clearly demonstrate that Gazprom is carrying out all of its scheduled plans and is steadily moving towards its main objective – leadership in the global energy market.

In the coming year 2012 the Company's strategic projects implementation will be continued. It is planned to commission the Bovanenkovo field before schedule as part of the Yamal megaproject, to start oil production from the Prirazlomnoye field and to complete construction of Nord Stream's second string. These are just a few of our efforts. I am confident that the team of Gazprom's employees will cope with all the outstanding tasks in an appropriate manner.

Dear colleagues! I wish that every day of the coming year will be challenging and rewarding. I wish happiness, wellbeing and sound health to you and your loved ones!