Moscow, January 30, 2012. - TNK-BP reduced the mileage of its vehicles by 6 million kilometers or 30% in 2011 owing to integration of satellite monitoring systems.

Onboard monitoring systems are installed on 16,000 vehicles of the company and its contractors providing objective information on their location, speed, mileage, and fuel consumption. These onboard monitoring systems help detect cases of over-speed, downtime, and deviation fr om the route. In case of an accident or sudden stop of a vehicle, a warning signal is automatically transmitted to the desk of an operator, who can determine the location of the vehicle in seconds and send assistance to the vehicle. The company thus raises the efficiency of its transport by optimizing logistical solutions and improves the safety of vehicular transportation by controlling the drivers in real time.

Information for editors:

Onboard vehicle monitoring system is a compact electronic device with a receiving antenna and built-in global positioning system (GPS) continuously transmitting information on the location and speed of the vehicle. Online information is displayed on the operator's monitor by special software and is automatically recorded in the electronic database, wh ere all information on the movement of tracked vehicles is stored.

TNK-BP is the third largest oil company of Russia owned on a parity basis by BP and the AAR Consortium (Alpha Group, Access Industries, and Renova). TNK-BP owns about 50% of the Russian oil and gas company Slavneft. TNK-BP's share in Russia's oil production, including its share in Slavneft, is approximately 16%. As of December 31, 2010, the total proven SEC life-of-field (LOF) reserves of the company, estimated according to the US Securities and Exchange Commission (SEC), amount to 8.794 billion barrels of oil equivalent.

References to TNK-BP or Group mean TNK-BP International and its consolidated subsidiaries unless the context requires a different reading.

For further information please refer to:

Public Affairs Division: tel. (495) 363-27-57

media@tnk-bp.com

www.tnk-bp.ru

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