On 18th July 2008 the Board of Directors of OJSC North-West Telecom considered the issue of approving the members of the Committee s of the Board of Directors. Having examined the materials presented for the meeting, the Board of Directors of OJSC N.W.Telecom took a decision to form the Committee s consisting of the following members:

Committee for Strategic Development:  

Chairman:

A. Gogol - Rector State telecommunication university

Memebrs of Committee:

V. Akulich - Chief Executive officer, North-West Telecom JSC

V. Bugaenko - Chief of the RF Federal Agency for Communication

N. Vorobyeva - Chief of the RF Federal Agency for Communication

B. Golubitsky - Head of the Strategic Development Division of OJSC Svyazinvest

V. Koresh - Vice-President in charge of regional development, OJSC Comstar-UTS

D. Kulikov - Executive Director of Association for Investors' Rights Protection

M. Leshchenko - Counsellor of RF Minister of Communication and Mass Media

Audit Committee:

Chairman:

I. Rodionov - Professor of Firm Economic and Finance chair of State University The Highest Economic school

Memebrs of Committee:

D. Levkovsky - Director in charge of corporate management of the Moscow representative office, NCH Advisors, Inc

O. Koroleva - Chief Accountant, Svyazinvest JSC

Corporate Governance Committee:

Chairman:

D. Kulikov - Executive Director of Association for Investors' Rights Protection  

Memebrs of Committee:

N. Bredkov - Corporate secretary, North-West Telecom JSC

R. Ishbulatov - Lawyer of the Moscow representative office, NCH Advisors, Inc.

E. Kîstko - Leading Specialist of Methodology and Information Unit of the Corporate Management and Legal Support Department of OJSC Svyazinvest

M. Leshchenko - Counsellor of RF Minister of Communication and Mass Media

O. Petrova - Head of methology division of Corporate Governance and Legal groundwork department, Svyazinvest JSC

Appointments and Remuneration Committee:

Chairman:

D. Levkovsky - Director in charge of corporate management of the Moscow representative office, NCH Advisors, Inc

Members of Committee:

A. Gogol - Rector of State telecommunication university

O. Koroleva - Chief Accountant, Svyazinvest JSC

I. Rodionov - Professor of Firm Economic and Finance chair of State University The Highest Economic school