On the 9th of January 2007 AKB Svyaz Bank, which acts as the Payment Agent for the series 02 bonds of JSC North-West Telecom, fully paid the 13 coupon yield under the bonds of the second issue of JSC NWT. The list of those authorized to get a coupon yield under the bonds was made up as of December 27th, 2006.

The rate of the 13th cou7pon is 7.5% per annum, RUR 13.09 having been charged on each bond.

The total amount allocated for the 13th coupon payment amounted to RUR 19.64 million.

Bonds of the second issue of OJSC NWT are series 02 documentary interest-bearing bonds payable to bearer, with obligatory centralized care. The state registration No. is 4-02-00119-A. The issue has been floated at MMVB (Moscow Interbank Currency Exchange) on 8th October 2003 and includes 1.5 million  four-year securities with the face value of 1,000 roubles.

The rate of the first coupon was established at an auction to the amount of 14.2% per annum, the bond-equivalent yield for the two-year offer having been 14.46% per annum.

Payment of 16 quarterly coupons is provided for under the bonds.

• Rates of the 1st-4th coupons: 14.2% per annum; (established at an auction during the floatation)
• Rates of the 5th-8th coupons: 13.2% per annum; (established at an auction during the floatation)
• Rates of the 9th-16th coupons: 7.5% (established by the Board of Directors).