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Sibneft to Release 2002 First-Half Results on October 30, 2002

Moscow, October 25, 2002; Sibneft will release consolidated US GAAP financial statements for the first half of 2002 on Wednesday, October 30, 2002. A press release on the results and the financial statements will be posted on the Sibneft website and distributed to subscribers of the Sibneft Newsline.