Moscow – April 21, 2008 – Rostelecom (NYSE: ROS; RTS and MICEX: RTKM, RTKMP), Russia’s national long-distance telecommunications operator, today announced the decision of the Company’s Board of Directors on convocation of the Annual General Shareholders’ Meeting upon the results of 2007.

The Board set the date for Rostelecom’s Annual General Shareholders’ Meeting (hereinafter – AGM) as June 9, 2008. The AGM will be held at the Renaissance Moscow Hotel located at 18/1, Olympiysky prospect St., Moscow 129110, Russian Federation.
Shareholders of record at April 22, 2008 will be entitled to participate in the AGM and receive dividends.

For more information about Rostelecom, please see the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on December 17, 2007 and available at https://www.rt.ru/en/centr-invest/financial/SEC/form20-F.php. Hard copies of the Company’s Form  20-F with complete audited financial statements are available free of charge to shareholders upon request.