On August 17, 2006 UTK’s top management met in the Krasnodar central office with the analysts of Morgan Stanley investment bank.

The Management of "Southern Telecommunications Company" PJSC made a presentation of the Company’s performance results and strategy, discussed the Company’s business including development of new value-added services. The Management holds such meetings on a regular basis thus contributing to improvements in the Company’s communications with the investment community, enhancement of the business profile and appreciation of its share capital.

"UTK" PJSC is always open to new contacts and ready to meet with shareholders and investors. We would be glad to receive your proposal on holding a meeting to discuss performance results and development prospects of the Company. Please, contact IR Team of "UTK" PJSC.