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Notification of a material fact dated April 15, 2014

1. General information

1.1. The issuer’s full corporate name (denomination of a non-commercial organization)

Transneft Oil Transportation Joint-Stock Company

1.2. The issuer’s abbreviated corporate name

Transneft JSC

1.3. The issuer’s principal place of business

57 Bolshaya Polyanka St., Moscow, 119180

1.4. The issuer’s OGRN

1027700049486

1.5. The issuer’s INN

7706061801

1.6. The issuer’s unique code assigned by the registering body

00206-А

1.7. The address of the web page used by the issuer for the purpose of disclosing information

http://www.e-disclosure.ru/portal/company.aspx?id=636

 

http://www.transneft.ru/

2. Notification content

2.1. The type of the legal entity that made a material transaction: an entity having provided security for the issuers’ bonds.

2.2. The full corporate name of the legal entity that effected a material transaction: Sibnefteprovod, JSC.

Principal place of business: 139 Respubliki St., Tyumen, Russia, 625048.

INN: 7201000726.

OGRN: 1027200789220.

2.3. Transaction category: material not major transaction.

2.4. Transaction type: loan agreement.

Transaction subject: 
the transfer of the loan to the borrower for the purposes of financing the works under the project Zapolyarye-Purpe according to the construction financing schedule.

2.5. The content of the transaction, including civil right and obligations to be established, changed or terminated by the effected transaction:

The loan shall be granted for financing the design and construction of Zapolyarye-Purpe pipeline.

Partial or complete advanced disbursement of the loan is possible.

Interests for the use of monetary funds shall be accrued on a monthly basis.

Monetary funds shall be granted by installments on written requests of the borrowers in accordance with the schedule of financing the design and construction of Zapolyarye-Purpe pipeline.

2.6. The maturity date: monetary funds under the target loan agreement are granted up to
May 25, 2029.

Parties and beneficial owners to the transaction: the lender – Transneft, JSC, the borrower – Sibnefteprovod, JSC.

The transaction amount in monetary terms and as a percentage of the cost of assets of the entity having provided security for the issuer’s bonds who effected the transaction:

The amount of monetary funds obtained by Sibnefteprovod, JSC, under the target loan agreement as of April 09, 2014, taking into account the loan interests, equals to 60,587,692,779.17 rubles (sixty billion five hundred eighty seven million six hundred and ninety two thousand seven hundred seventy nine rubles 17 kopecks), which makes up 19.58 % from the cost of the assets of Sibnefteprovod, JSC.

The total amount of the loan under the agreement may be equal to $1,785 million, interests under the loan agreement, $1,418 million.

The amount of the assets of the entity having provided security for the issuer’s bonds that made a transaction as of the date of expiration of the accounting period (quarter, year) preceding the transaction consumption (the agreement conclusion)[1], in respect of which the established deadline of submission of the accounting (financial) statement is expired: 309,380,194,000 rubles.

2.8. The date of the transaction consumption (the agreement conclusion):

The date of signing the loan agreement No. 17-106-0977: April 11, 2010.

The date of transferring the first installment under the loan agreement (transaction consumption): September 01, 2010[2].

The transfer date of the installment under the loan agreement (conclusion of the interrelated transaction), as the result of which the amount of monetary funds obtained by Sibnefteprovod, JSC under the loan agreement made up 60,035,366,202.97 rubles: April, 09 2014.

2.9. The information on transaction approval if such a transaction was approved by the authorized management body of the entity having provided security for the issuer’s bonds who made a transaction (the name of the management body of the entity that adopted a decision on the approval of the transaction, the date of adoption of the said decision, the date and number of the minutes of the meeting (session) of the management body of the legal entity at which the said decision was made if such a decision was adopted by the collegial management body of the legal entity) or a mention that such a transaction was not approved: The decision of the shareholder Sibnefteprovod, JSC No. 1 dd. March 25, 2013.

 3. Signature

3.1. Vice President of Transneft, JSC acting under the power of attorney from May 14, 2012 No. 55

 

 

B.М. Korol

 

(Signed)

 

 

3.2. Date

April 15, 2014

 

L.S.

 

 

               

 


[1] The transfer of installment under the loan agreement (conclusion of an interrelated transaction), as the result of which the amount of monetary funds obtained by Sibnefteprovod, JSC under the loan agreement made up 60,035,366,202.97 rubles.

[2] The installment amount did not exceed 10% of the balance-sheet value of the assets of Sibnefteprovod, JSC as of the date of expiration of the accounting period (quarter, year) preceding the transfer of this installment.

 

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