Pjsc Tatneft Regulatory News (ATAD)

2 Jun 2006 17:07

O.A.O. Tatneft02 June 2006 On June 2, 2006, OAO Tatneft issued the following press release: OAO Tatneft plans to submit its annual report on Form 20-F for 2004 in thecourse of June 2006 2 June 2006 OAO Tatneft (the "Company") announces that its audited consolidated financialstatements for 2004 prepared in accordance with U.S. generally acceptedaccounting principles ("U.S. GAAP") are in the process of being finalized, andthe Company expects to submit its annual report on Form 20-F for 2004 (includingits audited consolidated U.S. GAAP financial statements for 2004) to the U.S.Securities and Exchange Commission ("SEC") in the course of June 2006.Simultaneously with the submission of the annual report on Form 20-F for 2004 tothe SEC, the Company expects to release its unaudited consolidated U.S. GAAPfinancial statements for the first half of 2005. In accordance with the applicable rules of the New York Stock Exchange (the "NYSE") if the Company fails to submit its annual report on Form 20-F for 2004 tothe SEC prior to July 15, 2006, the NYSE will start the delisting process ofTatneft ADRs from the NYSE. Forward-looking statements: This press release contains certain forward-lookingstatements of OAO Tatneft. OAO Tatneft can give no assurance that any of theevents mentioned in such statements will occur, or as to the precise timing oftheir occurrence. This information is provided by RNS The company news service from the London Stock Exchange