OREANDA-NEWS. Pursuant to the mandatory offer of December 26, 2013 to acquire One hundred thirty one million two hundred sixty two thousand two hundred and eighty six (131,262,286) shares of OAO Protek (state registration number of the issue: 1-02-07615-A), or 24.9007% of the total outstanding shares of OAO Protek, received by ÎÀÎ Protek from its shareholder, ZAO CV Protek, (hereinafter - the “Mandatory Offer”), the Board of Directors of OAO Protek approves the following recommendations with regard to the Mandatory Offer received:

1. The purchase price per ordinary share of OAO Protek shall be RUB 43.00 (43 Roubles 00 kopecks), which is reasonable and meets the applicable legal requirements.

2. December 26, 2013 (close of business) shall be the date of the list of shareholder recipients of the Mandatory Offer. The Mandatory Offer has been posted on the Company's website: <http://www.protek-group.ru/ru/4investors/>, and in ZAO CV Protek's section of the stock information provider's website: <http://www.e-disclosure.ru/portal/company.aspx?id=32334>.

In deciding on acceptance of the Mandatory Offer, the Board of Directors of OAO Protek recommends its shareholders noting that shares of OAO Protek are listed on MICEX Stock Exchange and their market value may therefore fluctuate due a number of various factors (some of them beyond OAO Protek's control), including changes in OAO Protek's performance, gaps between OAO Protek's financial performance and stock market expectations, changes in income, analyst estimates, perception of alternative market sectors as offering better growth prospects, general economic conditions, legislative changes, and other events and market factors. In deciding on the sale of OAO Protek's shares under the Mandatory Offer, the Board of Directors of OAO Protek recommends the shareholders carefully reviewing Articles 84.2 and 84.3 of the Federal Law On Joint-Stock Companies and the content of the Mandatory Offer.

*** Matters discussed in this document may constitute forecasts and other forward-looking statements concerning future events or financial performance of the Company. The words “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “aim”, “forecast”, “project”, “will”, “may”, “might”, “should”, “could” and similar expressions (or their negative) identify certain of these forward-looking statements. The Company warns that these forward-looking statements are but forecasts that may differ significantly from actual events and performance. The Company does not intend to supplement, amend, update or revise any of the forward-looking statements contained in this document to reflect any events or circumstances occurring after the publication of this document, or any extraordinary circumstances. Multiple factors, including, in particular, overall economic conditions, competitive environment and many other risks inherent to the Company and its operations, may result in actual performance differing substantially from these forecasts and forward-looking statements of the Company.