From June 25 to September 30, 2008 inclusive, OJSC North-West Telecom and the Russian inter-city and international telephone communications operator OJSC MTT hold the Half an Hour Free promotional event for individual subscribers in the North-West Federal District*.

Eligible for the promotional event are the NWT subscribers which during the above period simultaneously conclude local communications services contract with NWT, selecting the Unlimited tariff plan, and the contract with MTT for inter-city and international communications services with the pre-selected operator.

All subscribers participating in the promotional event will get a bonus of 30 minutes’ free inter-city communications in any direction within the Russian Federation. The bonus may be used before November 30, 2008 .

The Half an Hour Free promotional event is intended not only for NWT’s new subscribers who conclude contracts for local communications services for the first time, but also for those who during the period of the promotional event will amend the contract with NWT, changing over from any tariff plan to the Unlimited plan.

As Commercial Director of NWT Oleg Viktorovich Popov pointed out, “this is the first experience of a joint marketing event held by our company and a long-distance communications operator. First of all, we act jointly in the interests of our subscribers, offering them more advantageous conditions of local and inter-city telephone services. I would also like to point out the fact that the subscriber who selects the Unlimited telephone plan may get a monthly discount on the Avangard broadband Internet access service. In due course, we intend to diversify NWT’s package offers, develop comprehensive programs with various sets of services, including long-distance operators’ services which will be convenient and advantageous for the customers as well as for the company”.

“Visiting the telephone center is still a problem on the most of Russia’s territory, largely because people are reluctant to change their habits. In other words, people need a sufficient reward for spending time for submitting a written application to the local communications operator. The promotional event we are holding jointly with NWT provides such an incentive for the user. It will be beneficial not only for MTT and NWT but also, and first of all, for the subscriber”, Acting Director General of MTT Igor Zabolotny commented on the commencement of the joint promotional event.

For information on the conditions of the Half an Hour Free promotional event, please contact NWT sales and service offices, call the information services of the company or visit the web representations of NWT’s branches. Such information is also available at MTT’s web site www.mtt.ru/actions/ac_abon.wbp and from MTT’s information service at 8-800-333-53-58 (free call from any point in Russia, including calls from mobile phones).

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* the offer is only valid for individuals having the technical opportunity to select the system of payment for local telephone communications.