The following candidates were nominated to the Board of Directors:
1. Vagit Yu. Alekperov, President of OAO LUKOIL;
2. Igor V. Belikov, Director of the Russian Institute of Directors;
3. Victor V. Blazheev, Rector of the Moscow Law Academy;
4. Valery I. Grayfer, Chairman of the Board of Directors of OAO RITEK;
5. Нerman O. Gref, CEO (President) and Chairman of the Management Board of Russia’s Savings Bank (SBERBANK);
6. Igor S. Ivanov, former Minister of Foreign Affairs of the Russian Federation; former Secretary of the Security Council of the Russian Federation;
7. Ravil U. Maganov, First Executive Vice President of OAO LUKOIL;
8. Richard Matzke, former Vice-Chairman of Chevron, Chevron-Texaco Corporation;
9. Sergei A. Mikhailov, General Director of OOO Management-Consulting;
10. Mark Mobius, Executive Chairman of Templeton Asset Management Ltd.;
11. Guglielmo Antonio Claudio Moscato, Chairman and CEO of Gas Mediterraneo & Petrolio, former Chairman of the Board of Directors of Eni SpA, former Chairman and CEO of Agip SpA;
12. Alexander N. Shokhin, President of the Russian Union of Industrialists and Entrepreneurs (employers), President of the State University – Higher School of Economics.
The following candidates were nominated for election to the Audit Commission:
1. Pavel G. Kondratiev, Chief Accountant of OOO LUKOIL-Nizhegorodnefteorgsintez;
2. Vladimir N. Nikitenko, President of OAO Petrocommerce Bank;
3. Mikhail M. Shendrik, Chief Accountant of OOO LUKOIL-West-Siberia.
Vagit Alekperov, President of OAO LUKOIL, was nominated for election of the President of OAO LUKOIL.