Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

b)

Legal person

Kapital AM D.U. OUIF of compound investments Kapital-Sbalansirovanni

2

Reason for the notification

a)

Position/status

Notification concerns PCA with the PDMRs:

Member of the Board of Directors, Vice President of PJSC LUKOIL Leonid Fedun

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PJSC LUKOIL

b)

LEI

n/a

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

4.1

a)

Description of the financial instrument, type of instrument

PJSC LUKOIL ordinary shares

Identification code

RU0009024277

b)

Nature of the transaction

Purchase of LKOH PJSC LUKOIL shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

RUB 3,204.50

94

d)

Aggregated information

Price

RUB 3,204.50

Volume

94

Total

RUB 301,223.00

e)

Date of the transaction

2017-02-16

f)

Place of the transaction

Moscow Exchange (MISX)