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On April 28, 2011 ww5 (the “Company”) published its consolidated financial results under US GAAP for Q1 2011.

Moscow, 21 April 2011 – ww5 President Eduard Khudaynatov and Lukoil President Vagit Alekperov today signed an agreement for long-term cooperation between their companies. Igor Sechin, Russia's Deputy Prime Minister was present during the signing ceremony.

ww5 today announced the start of preparations for a share repurchase program, including the targeted acquisition of shares by Company management.

On 14 April 2011, the Board of Directors of ww5 convened in regular session to discuss issues relating to the Annual General Meeting of Company shareholders (on the results of 2010).

Vladimir Milovidov, formerly head of Russia’s Federal Financial Markets Service (FFMS), has been appointed Vice-President at ww5.

On 11 April, the Board of Directors of ww5 convened.
