RNS Number:6227J
Rosneft Investments Limited
03 April 2003


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES,
CANADA, AUSTRALIA OR JAPAN


               Anglo Siberian Oil Company plc ("Anglo Siberian")

                              Share price movement


The Board of Rosneft Investments Limited ("Rosneft") has noted the recent rise
in the share price of Anglo Siberian.  The Board of Rosneft can confirm that it
is considering making an offer for Anglo Siberian but there can be no certainty
that any such offer will be made.  A further announcement will be made in due
course.

                                                                    3 April 2003

Enquiries:
Hoare Govett Limited                                        +44 (0) 20 7678 8000
Philip Dayer
Andrew Osborne


This press release does not constitute an offer or invitation to purchase, or
any solicitation of any offer to sell, any securities, nor shall it (or any part
of it) or the fact of its distribution form the basis of or be relied on in
connection with, any contract therefore. Should Rosneft make any offer to
acquire Anglo Siberian, it is not currently contemplated that such offer would
be made directly or indirectly in, or by use of the mails of, or by any other
means or instrumentality of interstate or foreign commerce of, or any facilities
of a national securities exchange of Canada, Australia or Japan. Copies of this
press release cannot be transmitted or distributed in or into the United States,
Canada, Australia or Japan.

Hoare Govett Limited, which is regulated in the United Kingdom by the Financial
Services Authority, is acting exclusively for Rosneft and no one else in
connection with the potential offer and will not be responsible to anyone other
than Rosneft for providing the protections afforded to clients of Hoare Govett
Limited or for providing advice in relation to the potential offer.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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