Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

b)

Legal person

Simcol Holdings Limited

2

Reason for the notification

a)

Position/status

Notification concerns a person closely associated with the PDMR:

Member of the Board of Directors, President of PJSC LUKOIL Vagit Alekperov

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

PJSC LUKOIL

b)

LEI

n/a

4

Details of the transaction(s): section to be repeated for (i) each type of instrument;(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

4.1

a)

Description of the financial instrument, type of instrument

LKOD PJSC LUKOIL ADR

Identification code

US69343P1057

b)

Nature of the transaction

Purchase of PJSC LUKOIL ADRs

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 55.77

222

USD 55.74

18

USD 55.75

304

USD 55.76

2

USD 55.76

61

USD 55.76

38

USD 55.76

375

USD 55.84

314

USD 55.83

193

USD 55.83

216

USD 55.83

2

USD 55.83

175

USD 55.83

157

USD 55.83

2

USD 55.83

38

USD 55.83

170

USD 55.83

2

USD 55.83

38

USD 55.83

200

USD 55.83

167

d)

Aggregated information

Price

USD 55.804

Volume

2,694

Total

USD 150,336.58

e)

Date of the transaction

2017-02-10

f)

Place of the transaction

London Stock Exchange (XLON)