Shares of the above issue will be distributed among the company's shareholders by the conversion to preffered shares.
Due to the placement of additional shares, on 22 November 2001 all quotations for common shares of LUKOIL (LKOH, LKOHS, LKOHG) will be deleted from the RTS Trading System before the trading session begins and thus market participants will have to submit new quotations.
Please, note, that Federal law on "Protection of investors' rights and legitimate interests on the stock market" forbids concluding any trades by the securities' owner before they are paid off in full and a statement of the share issue results is registered. Thus, until the Federal Commission for the Securities Market of Russia registers the results of the above issues trades may be concluded with LUKOIL shares of older issues only.
From 22 November 2001 the RTS will suspend trading LUKOIL preferred shares.
