Gazprom Marketing and Trading is pleased to announce that it has agreed to purchase all Primary Carbon Emissions Certificates ("CERs") from a successfully registered CDM 26 MW Wind Power Project Fujian Zhangpu Liuao, owned by Datang group located in Zhangpu County, Fujian Province, People’s Republic of China.

The CER purchase from the proposed project is expected to generate an estimated emission reduction of 125,623 tonnes of CO2e by the end of 2012.

The proposed Wind Power Project has been fully operational since December 2008 and was successfully registered as a CDM project on February 2010. The implementation of the proposed project will achieve CO2 emission reductions by replacing electricity generated by fossil fuel fired power plants.

The purpose of the proposed project is to generate zero emission wind power and deliver it to East China Power Grid (ECPG). The annual output of the proposed project is estimated to be 51,950MWh. Annual estimation of emission reductions is 47,867 of tCO2e. The project activity is expected to generate an estimated emission reduction of 335,069 tCO2e during the first 7 years crediting period of the project (June 2009 – May 2016).

Arthur Tait, Managing Director of GM&T Singapore said: "This is a fantastic clean energy project that will not only be a source of green power to the local market, but will also be a source of carbon emissions reduction certificates. Today's agreement will provide more liquidity to our portfolio of Carbon products and will therefore help us deliver more value to our global clients.

We remain very optimistic about the development of carbon markets on both a global and local basis. This deal was made possible by the opening of a regional office in Singapore, allowing us to develop new promising markets for GM&T in Asia.

We hope that this is the first of many deals that we arrange with Datang group and Beijing Exchange as well as with Chinese key counterparties.”

About the project:

The Wind Power Project is 100% owned and operated by Datang Zhangzhou Wind Power Company and developed by China National Water Resource & Electric Power Materials & Equipment Company (CWEME). For Carbon and emission, CWEME is the leading entity in China Market, with experience of over 200 CDM project development and many CDM Methodologies successfully developed. It is fully authorised by the China Datang Corporation (CDT) to develop and sale on behalf of all Datang subsidiaries and JV partners all CDM projects and participate all carbon and emission activities on behalf of CDT.

On behalf of CWEME, this proposed project is marketed by China Beijing Environment Exchange (CBEEX) - a leading market platform for trading various environment equities.

For more information please contact:

Gazprom Marketing and Trading

Tel. +44 208 614 1312

info.pr@gazprom-mt.com

United Kingdom and Europe

Ketchum Pleon

Paddy Blewer Tel. +44 20 7611 3588

Anastasia Ivanova Tel. +44 20 7611 3669

Ed O’Brien Tel. +44 207 611 3567