GETTY PETROLEUM MARKETING INC., a subsidiary of LUKOIL Oil Company

FIND OUT WHAT EVERYONE IS
         TALKING ABOUT!

Our first location was rebranded to LUKOIL and completed on May 16, 2003. Since then, 23 more stations were rebranded as well.  Check out our new exciting look!

HERE ARE A FEW            FREQUENTLY ASKED QUESTIONS QUESTION: What is LUKOIL?

ANSWER:   LUKOIL is one of Russia’s largest vertically integrated oil companies.  Founded in 1991, it is one of the world’s top 5 publicly traded oil companies in terms of proven oil reserves.  LUKOIL is the most internationally diversified Russian oil company, and the first to have ventured abroad to work with international oil corporations.  It is Russia’s number one refiner with total capacity of 1.15M bpd (including overseas assets).  The company has almost 4,000 gasoline stations worldwide with over 1,300 outlets in the United States.  It is publicly traded on numerous international stock exchanges and most recently was listed on the London Stock Exchange  (SYMBOL:   LKOD).

QUESTION: When did LUKOIL acquire Getty?

ANSWER: LUKOIL acquired Getty Petroleum Marketing Inc. in November 2000.  LUKOIL is the first Russian oil company to buy a publicly traded New York Stock Exchange (NYSE) listed company Getty Petroleum Marketing Inc.

QUESTION: Why are Getty stations converting?

ANSWER: Certain specific marketing sites are being converted to the LUKOIL brand.  The selected units must fulfill certain key criteria established by LUKOIL.  Their conversion is designed to introduce an internationally recognized oil company into the United States and to leverage the quality of the LUKOIL brand with the United States consumer.

QUESTION: In total, how many Getty stations will be converted into LUKOIL stations?

ANSWER: The plan is to target specific demographic marketing areas for the LUKOIL brand.  As a result, approximately 150 units will be converted over the course of 24 months.

QUESTION: Why have you decided to rebrand the Getty name?

ANSWER: The Getty brand has unique appeal to its customer base.  By changing to the LUKOIL brand, we hope to build customer loyalty, increase unit volume, build brand awareness and enhance shareholder value.

QUESTION: What are the major concerns you have about phasing out a well-known name such as Getty?

ANSWER: We are concerned about public acceptance of a new unknown brand in the United States.  Our aim is to dispel the apprehension by launching a new marketer with world class expertise.

QUESTION: What is the timeline for the rebranding process?

ANSWER: We have short term timing of 35 sites to be completed by August 31, 2003 and long term objectives of an additional 115 sites by the middle of 2005 (depending on permits).

QUESTION: What does this rebranding mean for consumers?

ANSWER: Consumers will now have another brand choice in a world of ever shrinking brand consolidation.  The consumer will have the same high quality fuels that meet or exceed United States specifications.

QUESTION: Has there been a change in quality of the gasoline?

ANSWER: There has not been any change to the product quality nor to the product selection.

QUESTION: Does this mean that gasoline prices will increase?

ANSWER: Gasoline prices are market driven and are affected by the competitive nature of the marketplace.

QUESTION: What does LUKOIL/Getty hope to achieve through this rebranding process?

ANSWER: LUKOIL hopes to bring the message that they are a reliable, competitive, quality driven, vertically integrated petroleum company that is growing through acquisition and innovation.

QUESTION: Is LUKOIL gas the same quality?

ANSWER: Yes.  LUKOIL products are the same quality as the top tier brands in the United States and worldwide.

QUESTION: Why has the company selected to begin the rebranding process in the Northeast?

ANSWER: With LUKOIL's Getty acquisition, the assets and synergies are concentrated in the Northeast.

QUESTION: Where does Lukoil get its gasoline?

ANSWER: As an integrated oil company, Lukoil is engaged in exploration, production refining and marketing of petroleum products.  Much of Lukoil’s finished products are shipped to world markets.  The Lukoil branded outlets in the United States will have approximately one half of their product supplied by Lukoil until additional Russian export facilities are completed.

QUESTION: How large is Lukoil?

ANSWER: Lukoil is second in proven reserves to Exxon Mobil.

QUESTION: Where else does Lukoil operate gasoline stations?

ANSWER: Lukoil has a total of 3,940 retail outlets of which 1,470 are in Russia, 1,370 are in the United States and approximately 1,100 are located in Europe.

QUESTION: What are Lukoil’s long-term and short-term plans in the American market?

ANSWER: Short term plans include growth through acquisition and expansion through wholesale marketing.  Long term plans are to bring the total number of outlets in the United States to 3,000 sites.  The short term plans for fuel supply are to ship finished petroleum products to market for sale through the United States proprietary outlets.  Ports such as Vysotsk will be able to supply product in late 2003.  The long term product source for US imports will be through the port of Murmansk.

QUESTION: Does this mean that Lukoil will be providing the US with a new, non-Middle Eastern source of gasoline?

ANSWER: Yes.  Lukoil will displace some of the Middle Eastern oil presently imported by the United States.

QUESTION: Is this oil being imported directly from Russia?

ANSWER: Most of Lukoil’s exports are from Russia.

QUESTION: Is the US/Russian government supportive of what Lukoil is doing in the US?

ANSWER: The governments of both countries are very supportive of the increase in Russian imports.  The United States has backed major infrastructure projects for expanding oil exports to the United States

GETTY PETROLEUM MARKETING INC.