BRUCE K.

MISAMORE
22 Queen Street,
Mansfield,
Nottinghamshire,
NG18 1JN.
Tel No: +44 (0) 7040 106 187. Fax No: +44 (0) 7005 804 486. E-mail: brucekm@yukos-
ru.org

DATE: OCTOBER 5,
2005
ATTN: MRS. YANG TSE LO-LEE LOUISA,
Finance/Payment Division,
Civil Aviation Department,
Hong Kong.

RE: LIQUIDATION OF CAPITAL ASSETS/INVESTMENT AND

PAYMENT OF OUTSTANDING SECURITY VALUED AT
$124,000,000.00USD.

On behalf of Yukos Oil and Gas Company, and after a protracted

deliberation and consultation with the governing body, I hereby wish to
officially notify you of our desire to liquidate our investments and pay
its derivatives as stated above to the benefit of the beneficiary whose
information is as stated thus:

Authorized Beneficiary: MR. ZEKI ALAN

Authorized Company: ADAC EXPORTS & IMPORT CO.
Address of Company: 185 GUL APT. D. I. KARATAS, 35260 IZMIR,
TURKEY.
Tel No: +90 232 489 6603 OR +90 232 489 7498.
Fax No: +90 232 489 1634.
E-mail: zekialan@hotmail.com
Beneficiary’s Bank: DISBANK TURKEY.
Beneficiary’s A/C No: 30103-0236. Bank Code: 00710129. Swift:
DISBTRIS
A/C Name: ADAC TURIZM VE YATIRIMLARI SAN. VE TIC. LTD. STI.
Total Amount Payable to Beneficiary: $124,000,000.00USD – One
Hundred and Twenty Four Million United States Dollars Only.

Please treat with urgency and advice beneficiary when transaction is

complete.

Find herewith a copy of our closing balance sheet as of March 31,2005

for your necessary references and record purpose.

On the above instructions we solicit your cooperation.

Yours faithfully,

MR. BRUCE K. MISAMORE

Chief Financial Officer,
Yukos Oil and Gas Company,
London, United Kingdom.
CC: ADAC EXPORTS & IMPORT CO., - TURKEY.