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Sibneft Appoints New Head of Investor Relations

Moscow, Monday 24th April 2000; Sibneft is pleased to announce that Svetlana Burlakova has been appointed the new Head of Investor Relations.

Svetlana has a Degree in Banking and Finance from the London School of Economics and Political Science. She joins Sibneft from the Research Department of Dutch investment bank ING Barings where she has been covering Russian equities since 1996.

Sibneft president Eugene Shvidler said:
“We are delighted to welcome Svetlana to Sibneft. Her appointment marks an important step on the road to building on our achievements in the field of corporate governance. Her extensive experience will help us to strengthen ties with the investment community and make further progress towards our goal of achieving greater transparency.”