On January 11, 2005 ACB Sviaz Bank performing the functions of payment agent for OJSC North-West Telecom bonds, effected a full payment of the 5th coupon yield for the N. W. Telecom bonds of the 2nd  issue. The list of persons entitled to coupon yield from the bonds was prepared as of December 29, 2004. The rate for the 5th coupon is 13.2% per year, with RUR 32.91 calculated per bond. The total amount allocated to the payment of the 5th coupon was RUR 49,365,000.