OGZD.L Regulatory News (OGZD)

3 Apr 2008 07:00

Oao Gazprom03 April 2008 PRESS-RELEASE Moscow 2 April, 2008 NOT FOR DISTRIBUTION IN THE US, CANADA, JAPAN OR RUSSIA OJSC GAZPROM PLACES USD 400 MILLION AND USD 1.1 bln OF LOAN PARTICIPATION NOTES Today OJSC Gazprom priced USD 400 million of loan participation notes due toApril 11, 2013 and USD 1.1 bln of loan participation notes due April 11, 2018.The notes will be issued by Gaz Capital S.A., a Luxembourg special purposevehicle, under Gazprom's Loan Participation Note Programme. The loan participation notes were priced at par. The 2013 notes have an annualcoupon of 7.343%, and the 2018 notes have an annual coupon of 8.146%. CitigroupGlobal Markets Limited and Morgan Stanley & Co. International plc acted as jointbookrunners with respect to both the 2013 notes and the 2018 notes. The proceeds of the offering will be used to finance a loan to OJSC Gazprom. Theproceeds of the loan to OJSC Gazprom will be used for general corporate purposesand refinancing of the short-term debt. OJSC GAZPROM INFORMATION DIVISION These materials are not an offer for sale of any securities of OJSC Gazprom inthe United States. Any securities of OJSC Gazprom may not be offered or sold inthe United States absent registration or an exemption from registration underthe U.S. Securities Act of 1933, as amended. OJSC Gazprom does not intend toregister any portion of the offering in the United States or to conduct a publicoffering of any securities in the United States. This communication is only being distributed to and directed only at (a) personswho are outside the United Kingdom or (b) investment professionals fallingwithin Article 19(5) of the Financial Services and Markets Act 2000 (FinancialPromotion) Order 2005 (the "Order") or (c) high net worth entities, and otherpersons to whom it may lawfully be communicated, falling within Article 49(2) ofthe Order (all such persons mentioned in (a), (b) and (c) together beingreferred to as "relevant persons"). Any securities mentioned in thiscommunication will only be available to, and any invitation, offer or agreementto subscribe, purchase or otherwise acquire such securities will be engaged inonly with, relevant persons. Any person who is not a relevant person should notact or rely on this document or any of its contents. This document is not a prospectus and, to the extent that it may constitute anadvertisement, it does not constitute an offer to sell or the solicitation of anoffer to purchase notes or other securities of Gaz Capital S.A. or OJSC Gazprom.Investors should not subscribe for any notes referred to in this documentexcept on the basis of the information contained in the final base prospectusand the final series prospectus and/or final terms relating to the notes. Thebase prospectus in relation to the Programme and final sets of final terms andother documentation as required in relation to the 2013 notes and the 2018 noteseach to be published on 9 April 2008. Investors will be able to obtain a copy ofthem from Deutsche Bank AG, London Branch, 1 Great Winchester Street, LondonEC2N 2DB, United Kingdom, Deutsche Bank Luxembourg S.A., 2 Boulevard KonradAdenauer, L-1115, Luxembourg and Deutsche International Corporate Services(Ireland) Limited, 5 Harbourmaster Place, IFSC, Dublin, Republic of Ireland, asPaying Agents and from Gaz Capital S.A. at 2 Boulevard Konrad Adenauer, L-1115,Luxembourg. This press release is not a public offer or advertisement ofsecurities in the Russian Federation, and is not an offer, or an invitation tomake offers, to purchase any securities in the Russian Federation. phones: (495) 719-28-01 fax: (495) 719-90-08 e-mail: pr@gazprom.ru http: // www.gazprom.ru This information is provided by RNS The company news service from the London Stock Exchange