ANNUAL REPORT 2005 - Lukoil

Sport
Company priorities in physical education and sport are fitness of Company employees and their families,
development of mass sports, support for Russian sport professionals, who wear the Company
colors, and assistance in development of children's sport in Russia.
The Company holds large-scale international amateur sports competitions to help encourage employee
involvement in sport. The third such competition was held in Kaliningrad in June 2005.
SOCIAL RESPONSIBILITY
LUKOIL is a keen supporter of the Russian Olympic Movement, and in 2005 the Company was one
of the founders of the Fund for Support of Russian Olympic Sport. The Company has also restarted
its financing for the Russian ski racing team in order to improve the team's readiness for the Winter
Olympics. LUKOIL became general sponsor of the national ski racing team in 2006.
The Company continues to support other leading Russian sports teams, including Spartak Football
Club, LUKOIL-Spartak (the Volgograd water-polo team), LUKOIL-Dinamo (the Astrakhan handball
team, which was the runner-up in the 2005 Russian championship).
As well as helping sportsmen, the Company uses sports events as a testing ground to show how its
products perform in the toughest conditions. In 2005 the LUKOIL-Bashkiria motorbike team won the
Russian speedway championship using LUKOIL lubricants. Also in 2005 the LUKOIL-Racing Team
became Russian champions in Formula 1600, Honda Civic and Formula Rus classes.
LUKOIL continues to back one of the biggest children's sport organizations in Russia, the Children's
Football League. About 250 teams and more than 5,000 young footballers from all over Russia take
part in League competitions every year.
75