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North-West Telecom

May 5, 2004

On May, 9 North-West Telecom grants the Discounts on communication service

According to the tradition, on May 9, we arecelebratingthe Victory Day of the Great Patriotic War, North-West Telecom grants a discount on long-distance communication services of 10% of the effective holiday rate to residents calling from their home telephones.

On May 9, the disabled and veterans of the Great Patriotic War and citizens of an equal legal status will be entitled, at sight of their appropriate certificates, to free telephone connection to cities of Russia, CIS countries, and Baltic States in all of the call offices of OJSC North-West Telecom. The total duration of such conversations shall not exceed 10 minutes.

On May 9, a discount of 10% of the current charge for telegraph communication with Russian cities will be provided to the disabled and veterans of the Great Patriotic War and citizens of an equal legal status at sight of their appropriate certificates. This discount does not apply to the Telegram On Credit services under Index 066.

North-West Telecom is sure that concern for customers, and veterans in the first place, is an essential principle of operation of a socially responsible business and an imperative criterion of corporate reputation.

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