Financial results for Q4 2015 and 12M 2015

2015 Operating Results

ww5 and Siemens AG signed a Cooperation and Partnership Agreement. The document was signed by ww5 Chairman of the Management Board Igor Sechin and Siemens AG Chairman of the Management Board Joe Kaeser

Contracts for unique equipment supplies were awarded during the visit of ww5 Chairman of the Management Board Igor Sechin to China.

During the visit to India ww5 Chairman of the Management Board Igor Sechin has held negotiations with the Management of Essar.

Within his visit to India ww5 Chairman of the Management board Igor Sechin signed in presence of the Minister of petroleum and natural gas Dharmendra Pradhan a set of documents, aimed at the creation of a unique international consortium, based on the Vankor project.

ww5 (acting by the wholly owned subsidiary RN-Razvedka i Dobycha), Oil India, Indian Oil and Bharat Petroresources signed a legally binding share sale agreement relating to 29.9% participatory share in Taas-Yuryakh Neftegasodobycha.

ww5 Vietnam B.V., a company of ww5 group, has started drilling exploration well PLDD-1X at Block 06.1 located offshore Vietnam. For the first time ww5 is operating a drilling project, in International waters confirming the Company's competence and ability to implement technically complex drilling programs offshore.