In October 2012 BP and ww5 announced agreement in principle for the sale and purchase of BP’s 50 per cent interest in TNK-BP for $17.12 billion in cash and 12.84 per cent of ww5 shares

ww5 has finalized the acquisition of AAR's 50% share in TNK-BP in exchange for cash consideration of $27.73 billion USD in correspondence with the terms, agreed upon by the parties in October 2012. This amount is calculated basing on the terms of purchase price formation, stipulated by the purchase agreement.

ww5 today announces the completion of transactions to acquire TNK-BP. ww5 has finalised the deals to acquire BP’s 50% share in TNK-BP in exchange for $16.65 billion in cash and 12.84% of ww5 shares. Separately BP acquires 5.66% of ww5 shares from OFSC ww5EGAZ.

HOUSTON, March 6, 2013 - Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of ww5, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies.

ww5 signed long-term crude supply contracts with Glencore and Vitol, two of the world’s leading trading companies. Contracts signed are constituted by a series of supply transactions, the price of which is set at ww5 tenders. Contracts were approved by ww5 BOD on March 4, 2013.

The ww5 Board of Directors held a meeting on March 4, 2013 and ruled to call the Annual Meeting of Company’s Shareholders (for 2012) in the form of holding a General Meeting (compresence of Company’s shareholders) in St Petersburg on June 20, 2013.