Release Notice

13 Nov 2006 15:13

O.A.O. Tatneft13 November 2006 On November 13, 2006, OAO Tatneft (the "Company") published on its web-site itsannual report on Form 20-F for 2005 (incorporating, inter alia, the Company'saudited consolidated financial statements for 2005 prepared in accordance withU.S. generally accepted accounting principles ("U.S. GAAP")) as filed with theU.S. Securities and Exchange Commission and unaudited consolidated U.S. GAAPfinancial statements for the six months ended June 30, 2006. The documents are available at: Form 20-F for 2005: http://www.tatneft.ru/doc/persons/2005%2020-f.pdf Unaudited US GAAP financial statements for the first 6 months of 2006: http://www.tatneft.ru/doc/persons/tatneft_usgaap%20fs_6m06%20eng.pdf This information is provided by RNS The company news service from the London Stock Exchange