01.04.2014 18:20:00

OJSC Gazprom -- Moody's announces actions on GRIs: OJSC Gazprom and OJSC Rosneft and their subsidiaries Gazprom Neft and RIHL on review for downgrade

London, 01 April 2014 -- Moody's Investors Service has today placed on review for downgrade the Baa1 ratings of the Government-related Issuers (GRI) OJSC Gazprom (Gazprom) and OJSC Oil Company Rosneft (Rosneft), and the Baa1 ratings of their respective guaranteed debt-issuing subsidiaries. Concurrently, Moody's has placed on review for downgrade the Baa2 ratings of Gazprom Neft JSC, a subsidiary of Gazprom, and Baa1 ratings of Rosneft International Holdings Limited (RIHL), a subsidiary of Rosneft, and the respective ratings of their guaranteed debt-issuing subsidiaries.

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