April 22, 2008, Moscow: COMSTAR – United TeleSystems JSC (COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, announced that the shareholders of Moscow City Telephone Network JSC, a member of COMSTAR-UTS, had elected a new MGTS' Board of Directors at their extraordinary plenary meeting held on April 22, 2008.

The Board of Directors now includes:

1.    Kirill Andreychenko, Corporate Management and Legal Issues Director with COMSTAR-UTS, nominated by COMSTAR-UTS

2.    Mikhail Bedin, Director of Subscriber Access Network Operations Department, nominated by COMSTAR-UTS

3.    Leonid Varakin, President of International Public Organization "International Public Academy of Communications", nominated by COMSTAR-UTS

4.    Aleksey Goncharuk, First Vice President of COMSTAR-UTS, nominated by COMSTAR-UTS

5.    Shamil Kurmashov, Vice President of Complex – Head of Telecom Assets Development Project (Sistema Telecom) of Sistema JSFC, nominated by COMSTAR-UTS

6.    Victor Lisenkov, Head of Branch Legal Support Department for Telecom Assets Development Project (Sistema Telecom) of Sistema JSFC, nominated by COMSTAR-UTS

7.    Irina Matveeva, Vice President, Economics and Finances, COMSTAR-UTS, nominated by COMSTAR-UTS

8.    Sergey Pridantsev, President of COMSTAR-UTS, nominated by COMSTAR-UTS

9.    Ivan Rodionov, Professor of State University "Higher Economics School", nominated by COMSTAR-UTS

10.    Aleksandr Kiselev, General Director of Svyazinvest JSC, nominated by Svyazinvest JSC

11.    Elena Selvich, Executive Director – Director of Economics and Finances with Svyazinvest JSC, nominated by Svyazinvest JSC

12.     Victor Savchenko, Executive Director – Director of Corporate Management and Legal Department of Svyazinvest JSC, nominated by Svyazinvest JSC

The meeting of the Board of Directors held after extraordinary plenary meeting elected Sergey Pridantsev, President of COMSTAR-UTS, to be a Chairman.