LUKOIL shares: Alekperov controls 16.899%, Fedun 8.3%

April 17, 2007

Lukoil’s presidentVagit Alekperov directly and indirectly controls 16.899% of the company’s shares, a Lukoil announcement said today.

Leonid Fedun, the vice president, holds 8.3% of the stock – giving the two top managers a blocking stake of 25.199%.
Lukoil’s capitalization on the RTS (Russian Trading System) is around $72.893 billion.

This gives a market value of $12.32 bn. for Alekperov’s interest and $6.05 bln. for Fedun’s