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"Orsknefteorgsintez" increased its net profit by 17% during the 9 months

13.11.2008 "Interfax"

Orenburg, November 13, INTERFAX-POVOLZHIE- Net profit of OAO "Orsknefteorgsintez" (a subsidiary of "RussNeft" ) grew by 16.6^ in January-September this year as compared to the analogous period of the last year - up to 650.282 million rubles, says the report of the company.

Revenues of "Orsknefteorgsintez" amounted to 3.655 billion rubles it is 15.8% more than ib January-September of the last year.

"Growth of the company's revenues and net profit during the 9 mopnths of 2008 ascompare with the analogous peropd of the last year is closely connected with oil processing price rise. Growth of the slaes profitability determinant depends on the sales profit growth", says the report.

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