AUTHORIZED
by the Board of directors of OJSC "VolgaTelecom" "
Minutes №4 of 13.05.2003

Deputy Chairman of the Board of directors V.F.Lyulin _____________
(Signature)

L.S.
THE QUARTERLY REPORT
OF SECURITIES ISSUER
For: Quarter I, 2003.
Open joint-stock company "VolgaTelecom"
Code of the Issuer: 00137-A
Location: Russian Federation, Nizhniy Novgorod, M.Gorky sq., Post House
Mail address: 603000, Russian Federation, Nizhniy Novgorod, M.Gorky sq., Post House
The information contained in the present quarterly report, is subject to disclosing according to the legislation of the Russian Federation on securities
General director V.F.Lyulin _________________
(Signature)
Chief accountant N.I.Popkov _________________
(Signature)
13.05.2003
(L.S.)

Contact person: Mironova Elena Petrovna
Leading expert for securities
Ph.: (8312342210 Fax: (8312306768
E-mail address: tn@sinn.ru
А. Данные об эмитенте
9. Long title of the issuer.
Открытое акционерное общество "ВолгаТелеком"
Open Joint Stock Company "VolgaTelecom"
10. The abbreviated name.
ОАО "ВолгаТелеком"
OJSC " VolgaTelecom "
11. Information on changes in the name and form of incorporation of the issuer.
Open joint-stock company "Svyazinform" of the Nizhniy Novgorod Region
OJSC "Nizhegorodsvyazinform"
Entry: 12.08.1996

Open joint-stock company "Svyazinform" of the Nizhniy Novgorod Region
Open Company " Nizhegorodsvyazinform "
Entry: 15.12.1993

The state enterprise of telecommunication and computer science "Rossvyazinform" of the Nizhniy Novgorod Region
GPSI "Rossvyazinform"
Entry: 1.04.1991

The current name is entered: 28.06.2002
12. Information on the state registration of the issuer and his licenses.
Date of the state registration of the issuer: 15.12.1993
Number of the certificate of the state registration (other document confirming the state registration of the issuer): 448
The state registration body: Administration of the city of Nizhniy Novgorod

Licenses:
Number: 325542 № 523
Issue date: 6.12.2002
Validity: till 9.12.2007
The licensing body: Department of the Federal Security Service of Russia in Nizhniy Novgorod Region
Activities: realization of jobs with use of the information making the state secret

Number: 325543 № 524
Issue date: 9.12.2002
Validity: till 9.12.2007
The licensing body: Department of the Federal Security Service of Russia in Nizhniy Novgorod Region
Activities: realization of actions and (or) rendering of services in the field of protection of the state secret

Number: D 309529 № GS-4-52-02-22-0-5260901817-001732-1
Issue date: 19.09.2002
Validity: till 20.09.2007
The licensing body: The state committee of the Russian Federation on construction and municipal housing complex
Activities: realization of activity on construction of buildings and constructions of I and II levels of responsibility according to state standard

Number: D 280930 № GS-4-52-02-22-0-5260901817-001771-1
Issue date: 3.10.2002
Validity: till 4.10.2007
The licensing body: The state committee of the Russian Federation on construction and municipal housing complex
Activities: realization of activity on construction of buildings and constructions of I and II levels of responsibility according to state standard

Number: A 022746 № 23243
Issue date: 14.11.2002
Validity: till 14.11.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cable telecommunication services

Number: A 022633 № 23240
Issue date: 1.08.2002
Validity: till 1.08.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: telematic services

Number: A 022744 № 23241
Issue date: 1.08.2002
Validity: till 1.08.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: data transfer services

Number: A 022745 № 23242
Issue date: 14.11.2002
Validity: till 1.02.2006
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cellular radio telephone telecommunication in the range of 450 MHz services

Number: A 022747 № 23244
Issue date: 28.11.2002
Validity: till 17.03.2010
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cellular radio telephone telecommunication in the range of 900 MHz services

Number: A 022748 № 23245
Issue date: 4.10.2002
Validity: till 4.10.2012
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: local and intrazonal telecommunication services

Number: A 022749 № 23246
Issue date: 12.09.2002
Validity: till 12.09.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: liaison channels leasing

Number: A 023240 № 23721
Issue date: 12.09.2002
Validity: till 12.09.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: services of sound programs relay through a wire broadcast network

Number: A 016817 № 17571
Issue date: 15.03.2001
Validity: till 15.03.2006
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: sound programs radio relay services

Number: A 013502 № 14461
Issue date: 31.10.2002
Validity: till 9.03.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: services of television programs broadcasting through a cable TV network

Number: A 007610 № 8582
Issue date: 31.10.2002
Validity: till 14.03.2003
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: television programs air broadcasting services

Number: A 011617 № 12282
Issue date: 31.10.2002
Validity: till 24.06.2004
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: air broadcasting of television and sound programs and transfer of additional information services

Number: A 008741 № 9648
Issue date: 31.10.2002
Validity: till 2.04.2003
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cable TV network television programs broadcasting services

Number: A 015548 № 16383
Issue date: 31.10.2002
Validity: till 17.10.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: television programs air broadcasting services

Number: A 016609 № 17234
Issue date: 31.10.2002
Validity: till 25.01.2006
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cable TV network television programs broadcasting services

Number: A 020214 № 20830
Issue date: 31.10.2002
Validity: till 18.01.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cable TV network television programs broadcasting services

Number: A 011203 № 11917
Issue date: 31.10.2002
Validity: till 8.04.2004
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: services of personal radiocall with channeling of VHF in FM network

Number: A 022760 № 23257
Issue date: 31.10.2002
Validity: till 1.08.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: television and sound programs air broadcasting services

Number: A 014514 № 15426
Issue date: 31.10.2002
Validity: till 19.05.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: sound programs radio relay services

Number: A 022767 № 23264
Issue date: 31.10.2002
Validity: till 20.05.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: television programs air broadcasting services

Number: A 023934 № 24345
Issue date: 28.11.2002
Validity: till 28.11.2007
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: local inter city-and international telecommunication services

Number: A 013635 № 14602
Issue date: 22.03.2001
Validity: till 9.03.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: cable TV network television programs broadcasting services

Number: A 019339 № 19983
Issue date: 8.11.2001
Validity: till 8.11.2006
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: sound programs radio relay services

Number: A 023932 № 24343
Issue date: 28.11.2002
Validity: till 28.11.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: mobile radio telephone telecommunication services

Number: A 023933 № 24344
Issue date: 28.11.2002
Validity: till 28.11.2005
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: personal radiocall services

Number: G 793689 № М147
Issue date: 3.04.2003
Validity: till 3.04.2008
The licensing body: License chamber of Nizhniy Novgorod Region
Activities: medical activity

Number: A 025025 № 25357
Issue date: 14.03.2003
Validity: till 14.03.2006
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: television programs air broadcasting services

Number: A 025047 № 25379
Issue date: 14.03.2003
Validity: till 14.03.2006
The licensing body: The ministry of the Russian Federation of telecommunication and informations
Activities: services of broadcasting of television and sound programs through a cable TV network
13. Identification number of the tax payer.
5260901817
14. the issuer's activity sector.
SIC codes:
52300
15. Location, mail address of the issuer and contact phones.
Location: Russian Federation, Nizhniy Novgorod, M.Gorky sq., Post House
Mail address: 603000, Russian Federation, Nizhniy Novgorod, M.Gorky sq., Post House
Phone: (8312) 33 20 47 Fax: (8312) 30 67 68
E-mail address: tn@sinn.ru

16. Information on the auditor of the issuer.
Name: Closed joint-stock company "Ernest and Young Vneshaudit"
Location: Russian Federation, Moscow, Podsosensky per., 20/12, suite 1-1А
INN: 7701006684
Mail address: 105062, Russian Federation, Moscow, Podsosensky per., 20/12, suite 1-1А
Phone: (8 095)705 92 92 Fax: (8 095) 705 92 93
E-mail address: natalia.klimenkova@ru.eyi.com

data of the license of the auditor:
Number of the license: Е003246
Issue date: 17.01.2003
Validity: till 18.01.2008
The licensing body: The Ministry of Finance of the Russian Federation

17. Information on the organizations which are accounting the rights to securities of the issuer.
Registrar: 
Name: closed joint-stock company "Registrator-Svyaz"
Location: Russian Federation, Moscow, Bolshaya Olenya str. 15 A
Mail address: 107078, Russian Federation, Moscow, Kalanchevskaya str., 15 a, p.o.b. 45
Phone: (095) 933 42 21 Fax: (095) 933 42 21
E-mail address: regsw@asvt.ru

The license:
Number of the license: 10 - 000 - 1 - 00258
Issue date: 1.10.2002
Validity: not established
The licensing body: FEDERAL COMMISSION OF SECURITIES OF RUSSIAN FEDERATION

Date from which conducting the registry of nominal securities of the issuer is carried out by the specified registrar: 18.02.2002

The centralized storage of the issuer's securities during the accounting quarter was not used
18. the issuer's depositary.
no Depositary
19. Participants of the issuer.
Total amount of stockholders (participants): 35245

The stockholders (participants) owning not less than 5 percent of the charter capital of the issuer: 

19.1 name: Open joint-stock company "Telecommunication Investment Company"
Location: Russian Federation, Moscow, Plyuschikha str., 55, suite 2
Mail address: 119121, Russian Federation, Moscow, Plyuschikha str., 55, suite 2
Equity stake in charter capital of the issuer: 38.0035 %

The stockholders (participants) owning not less than 25 percent of the charter capital of the stockholder (participant) of the issuer:
19.1.1 name: the Ministry of property relations of the Russian Federation
Location: Russian Federation, Moscow, Nikolsky per., 9
Mail address: 103865, Russian Federation, Moscow, Nikolsky per., 9
Equity stake in charter capital of the stockholder (participant) of the issuer: 50 % + 1

19.1.2 name: Mustcom Limited
Location: 3 Themistoklis Dervis Street CY-1066 Nicosia, Cyprus
Mail address: 102000, Moscow, Dmitrovskij per., 9
Equity stake in charter capital of the stockholder (participant) of the issuer: 25 % + 1

19.2 name: "ING BANK (EURASIA) ZAO" (CLOSED JOINT-STOCK COMPANY)
Location: Russian Federation, Moscow, Krasnaya Presnya, 31
Mail address: 123022, Russian Federation, Moscow, Krasnaya Presnya, 31
Equity stake in charter capital of the issuer: 17.7783 % (nominal holder)
The stockholders (participants) owning not less than 25 percent of the charter capital of the stockholder (participant) of the issuer:

19.3 name: Closed joint-stock company "Depository clearing company"
Location: Russian Federation, Moscow, 1-st Tverskaya-Yamskaya str., 13 
Mail address: 103064, Moscow, Staraya Basmannaya str. 14/2, suite 4
Equity stake in charter capital of the issuer: 10.005 %
The stockholders (participants) owning not less than 25 percent of the charter capital of the stockholder (participant) of the issuer:
20. Management structure of the issuer.
The general meeting of stockholders,
The board of directors, 
The general director (sole executive of the issuer),
Management board (joined executive agency of the issuer)
The competence of the general meeting of stockholders (participants) of the issuer according to his charter (constituent documents):

The general meeting of stockholders is the supreme body of management of the Society. 

      The following questions (item 12.2-12.3 of the Charter) concern the competence of the general meeting of stockholders 
1) amendments and additions to the present Charter or approval of the Charter of the Society in a new wording (except for the cases stipulated by the Federal law "About joint-stock companies"), resolutions on which are adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly;
2) Reorganization of the Society, the resolution on which is adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly;
3) Liquidation of the Society, assignment of the liquidating commission and the approval of intermediate and final liquidating balances, resolutions on which are adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly;
4) Election of members of the Board of directors, carried out by a cumulative voting;
5) The preschedule termination of powers of members of the Board of directors, the resolution on which is adopted by majority of votes of stockholders, owners of the voting shares participating in the assembly;
6) Assignment of a sole executive (General director), and also the preschedule termination of his powers, resolutions on which are adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
7) Definition of amount, face value, category (type) of declared shares of the Society and the rights given by these shares, resolutions on which are adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly;
8) The increase of the charter capital of the Society by increase of face value of shares, the resolution on which is adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
9) The increase of the charter capital of the Society by placement of additional shares by public offering in case if the amount of additionally placed shares makes more than 25 percent of common stocks placed by the Society earlier, the resolution on which is adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly; 
10) The increase of the charter capital of the Society by placement of additional shares by private offering, the resolution on which is adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly;
11) Decrease of the charter capital of the Society by decrease of face value of shares:
Repayment of placed shares acquired by the Society following a decision of the Board of directors and not realized within a year from the moment of purchase by the Society,
Repayment of shares redeemed by the Society;
Purchase of a part of shares by the Society with a view of reduction of their total amount, 
Resolutions on which are adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly; 
12) Election of members of the Audit committee of the Society and early termination of powers, the resolutions on which are adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
13) approval of the auditor of the Society, the resolution on which is adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
14) approval of annual reports, annual accounts of the Society, including profit and loss statements (accounts of profits and losses) of the Society, and also distribution of the profit, including payment (declaration) of dividends, and losses of the Society by results of the fiscal year, resolutions on which are adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
15) The definition of the due procedure of conducting the General meeting of stockholders of the Society, the resolution on which is adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
16) Splitting and consolidation of shares, resolutions on which are adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
17) The adoption of a decision on approval of transactions fulfillment of which there is an interested party, the resolution on which is adopted in cases and following the procedure, stipulated by article XI of the Federal law "About joint-stock companies";
18) The adoption of decision on approval of the large transactions connected to purchase, alienation or an opportunity of alienation by the Society, directly or indirectly, of property the cost of which makes more than 50 percent of the book value of assets of the Society, determined according to its accounting statements for the last accounting date, except for transactions made during common economic activities of the Society, transactions connected to placement by subscription (realization) of common stocks of the Society, and also transactions connected to placement of issued securities, convertible in common stocks of the Society, the resolution on which is adopted by a majority of three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly;
19) adoption of a decision on participation in holding companies, financial and industrial groups, associations and other associations of commercial organizations, adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
20) The approval of internal documents regulating activity of bodies of the Society, the resolution on which is adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
21) Placement by the Society of bonds convertible into shares and of other issued securities, convertible in shares if the specified bonds (other issued securities) are placed by closed subscription or by public offering when, in case of an open subscription, the convertible bonds (other issued securities) can be converted in common stocks of the Society making more than 25 percent of common stocks placed earlier, the resolution on which is adopted by a majority of at least three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly; 
22) adoption of a decision on compensation at the expense of the Society of expenses for preparation and convocation of an extraordinary general meeting of stockholders of the Society in case when in infringement of requests of the current legislation of the Russian Federation by the Board of directors the resolution on convocation of an extraordinary meeting is not adopted and the specified assembly is called by other persons. The resolution is adopted by majority of votes of stockholders, owners of voting shares of the Society participating in the assembly;
23) Exemption of a person which independently or together with affiliates acquired 30 percent and more of placed common stocks of the Society, from the duty of purchasing shares from other stockholders of the Society, the resolution on which is adopted by majority of votes of stockholders, owners of voting shares participating in the assembly, except for votes under shares, belonging to the specified person and his affiliates;
24) adoption of a decision on transfer of powers of the sole executive of the Society to a managing organization or to a manager;
25) The resolution on other questions stipulated by the Federal law "About joint-stock companies" and the present Charter.
      The general meeting of stockholders has the right to adopt resolutions on questions stipulated by items 2, 8, 9, 10, 16 - 20, 24 of 12.2 of the present Charter exclusively upon a proposal of the Board of directors. In addition, other persons having, according to the current legislation of the Russian Federation, powers to make a proposal for the agenda of the annual or extraordinary general meeting of stockholders, have no right to demand from the Board of directors to include the specified questions into the agenda of the assembly.
       The general meeting of stockholders of the Society has the right to adopt at any time a resolution on the preschedule termination of powers of the General director of the Society and on assignment of the new General director. (Item 15.5).
       The general meeting of stockholders has no right to consider and adopt a resolution on questions which are not attributed to its competence by the Federal law "About joint-stock companies".
The general meeting has no right to adopt a resolution on questions which are not included in in the agenda of the assembly, nore change the agenda.

The competence of the board of directors (supervisory council) of the issuer according to the charter (constituent documents):
        The board of directors - the joint management body of the Society which is carrying out the general operation management of the Society.

        The board of directors of the Society is annually elected by the annual general meeting of stockholders in amount of 11 persons by cumulative voting. 

        The following issues (item 13.4 of the Charter) fall within the competence of the Board of directors of the Society:
1) Definition of priority directions of activity of the Society, including the approval of budgets, business - plans, strategy and programs of development of the Society;
2) Convocation of the annual and extraordinary general meetings of stockholders, except for the cases stipulated by item 8 of article 55 of the Federal law "About joint-stock companies";
3) The approval of the agenda of the general meeting of stockholders;
4) Definition of date of drawing up the list of the persons having the right of participation in the general meeting of stockholders, and other issues attributed to the competence of the Board of directors of the Society according to regulations of article VII of the Federal law "About joint-stock companies" and connected to preparation and carrying out of the general meeting of stockholders;
5) The preliminary approval of the annual report of the Society;
6) Increase of the charter capital of the Society by placement of additional shares by the Society within limits of the amount of declared shares determined by the present Charter;
7) Increase of the charter capital of the Society by placement of additional shares by public offering within the limits of amount of declared shares if the amount of additionally placed shares makes 25 and less percent of common stocks placed by the Society earlier;
8) Placement of bonds and other issued securities by the Society in a case when under conditions of placement of the specified bonds and other issued securities they are not convertible in shares of the Society; 
9) Placement of the bonds and other issued securities convertible into shares by the Society, if the specified bonds (other issued securities) are placed by public offering and, in addition, convertible bonds (other issued securities) can be converted into common stocks of the Society making 25 and less percent of common stocks placed earlier;
10) Definition of the price (monetary valuation) of property, price of placement and repayment of issued securities in the cases stipulated by the Federal law "About joint-stock companies";
11) The approval of resolutions on issue of securities, prospectus of issue of securities, reports on results of issue of securities of the Society, quarterly reports of the issuer of issued securities;
12) Recommendations on the size of compensations and rewards paid to members of the Audit committee of the Society, definition of the size of payment of services of the auditor;
13) Recommendations on the size of dividend paid for shares, the form and term of payment;
14) Use of reserve fund and other funds of the Society;
15) The approval of internal documents of the Society regulating issues falling into competence of the Board of directors of the Society, except for internal documents the approval of which is attributed by the charter of the Society to the competence of the general meeting of stockholders and executive agencies of the Society;
16) Approval of transactions connected to purchase, alienation or an opportunity of alienation by the Society, directly or indirectly, of property which costs from 1 to 25 percent of the book value of assets of the Society, determined according to its accounting statements for the last accounting date, except for transactions made during common economic operation of the Society;
17) Approval of transactions connected to purchase, alienation or an opportunity of alienation by the Society, directly or indirectly, of property which costs from 25 to 50 percent of the book value of assets of the Society, determined according to its accounting statements for the last accounting date, except for the transactions made during common economic operation of the Society, transactions connected to placement by means of subscription (realization) of common stocks of the Society, and transactions connected to placement of issued securities convertible into common stocks of the Society;
18) Approval of transactions in fulfillment of which there is an interested party in the cases stipulated by article XI of Federal law "About joint-stock companies";
19) Purchase of shares placed by the Society, bonds and other securities;
20) adoption of decisions about participation (introduction as a participant, termination of participation, change of participation share) of the Society in other organizations, including by purchase, sale of shares, shares of other organizations;
21) adoption of decisions on issues of the agenda of the general meetings of affiliated societies (the supreme bodies of management of other organizations) in which the Society is the sole participant;
22) Definition of interaction of the Society with organizations in which the Society participates;
23) approval of the Registrar of the Society and provisions of Agreement concluded with it, and also cancellation of the contract with it;
24) Election (re-election) of Chairman of the Board of directors of the Society, his assistant;
25) Appointment of the Secretary of the Board of directors and definition of the size of his compensation;
26) Definition of quantitative structure and assignment of members of Management board of the Society, and also a preschedule termination of powers;
27) consideration of candidates to post of head of branche companies and agencies and their removal from the post;
28) Creation of branches, opening of agencies, their liquidation, approval of their Regulations;
29) approval of terms of the contracts concluded with the General director, members of Management board, heads of branches and agencies, and also consideration of issues, resolutions on which should be adopted by the Board of directors according to the specified contracts;
30) Prolongation of validity of the contract with the General director of the Society within limits of the term established by the present Charter;
31) Prolongation of validity of contracts with members of Management board, heads of branches and agencies; 
32) Approval of structure of the Society;
33) suspention of authorities of the General director or powers of the managing organization (manager);
34) Appointment of an interim General director;
35) Other issues stipulated by the Federal law "About joint-stock companies" and the present Charter.
        The issues falling into the competence of the Board of directors of the Society, cannot be transferred for resolution adoption to a joint or to a sole executive of the Society.

The competence of individual and joint executive agencies of the issuer according to his charter (constituent documents):
            The general director is a sole executive who is carrying out the management of the current activity of the Society, he is appointed by the general meeting of stockholders for the term of five years.
            At the sessions of the Board of directors and assemblies of stockholders, the point of view of the Management board of the Society is represented by the General director.
            The general director makes decisions on the issues not attributed by the present Charter to the competence of the general meeting of stockholders, the Board of directors or Management board of the Society.
            The general director acts on behalf of the Society without the power of attorney:
- Disposes of property of the Society for maintenance of its current activity within the limits established by the Charter and internal documents of the Society;
        - Represents interests of the Society in authorities and courts, both in the Russian Federation, and beyond its limits; 
        - approves the list of staff, concludes and terminates labor contracts with workers of the Society, applies incentives to workers and imposes punishment;
        - Recommends the personal structure of members of Management board to the Board of directors for approval and signs contracts, after their approval by the Board of directors;
        - Gives power of attorney on behalf of the Society;
        - Opens account of the Society in banks;
        - Issues orders and instructions obligatory for execution by all workers of the Society;
        - Concludes the collective agreement with workers of the Society on behalf of Management board in the name of the Society and organizes its imlementation;
- 	 Carries out organizational and administrative activity 
development of the list of the information whih constitutes a trade secret, issues orders and instructs on observance of requirements of protection of a trade secret;
        - Independently makes transactions, except for transactions approval of which falls within the terms of reference of the general meeting and the Board of directors;
        - Executes other functions necessary for achievement of the purposes of activity of the Society and maintenance of its normal operation according to the current legislation of the Russian Federation and the present Charter, except for the functions assigned to other management bodies of the Society.
            The general director carries out functions of Chairman of the Management board of the Society. 
The general director presides over the general meeting of stockholders if other decision was not adopted by the Board of directors of the Society.
            Rights, duties, the term of appointment, the size of remuneration of labor and the responsibility of the General director are defined by the contract concluded by him with the Society. The contract is subscribed by the Chairman of the Board of directors of the Society on behalf of the Society.

            The Management board is the joint executive agency organizing performance of decisions of the general meeting of stockholders and the Board of directors of the Society:
            The quantitative and personal structure of the Management board is defined by the decision of the Board of directors of the Society upon a presentation of the General director of the Society. 
The board of directors has the right to make a decision on a preschedule termination of powers of members of the Management board. 

            The following issues of management of the current activity of the Society fall into competence of the Management board of the Society (item 14.4 of the Charter):
1) Development of technical, financial and economic and tariff policy of the Society;
2) Development of proposals on the basic directions of activity of the Society, including projects of budgets, business - plans, strategy and programs of development of the Society;
3) organization of control over financial and economic activity of the Society; 
4) Development of personnel and social policy of the Society;
5) approval of terms and conditions of the collective agreement;
6) Preparation of materials and projects of resolutions on the issues subject to consideration of the general meeting of stockholders and the Board of directors, including development of proposals on fulfillment of transactions approval of which is within terms of reference of the general meeting of stockholders and of the Board of directors of the Society, on participation of the Society in other organizations, etc.; 
7) Organizational and technical support of activity of bodies of the Society;
8) analysis of results of work of structural divisions of the Society, including separate, and development of obligatory instructions for execution on perfection of their performance; 
9) approval of internal documents regulating issues falling into competence of the Management board of the Society, except for documents confirmed by the general meeting of stockholders and the Board of directors of the Society;
            The Management board of the Society has the right to make also decisions on other issues of management of the current activity of the Society on initiative of the Board of directors or upon a proposal of the General director of the Society.
            The procedure of convocation and carrying out the Board meetings, and also the procedure of adoption of decisions by the Management board are established by Regulations on the Management board of the Society confirmed by the general meeting of stockholders of the Society.
            Rights, duties, the term of appointment, the size of remuneration of labor and the responsibility of members of the Management board are defined by the contract concluded by each of them with the Society. The contract on behalf of the Society is subscribed by the General directors of the Society. 
21. Members of the board of directors (supervisory council) of the issuer.
The board of directors
Chairman: Osipchuk Anton Igorevich

Members of the board of directors:
Bakhaev Mikhail Anatolievich
Year of birth: 1952

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of the Nizhniy Novgorod city telephone network 

Period: 1999 - present time
Organization: CJSC "Volga-Sotel"
Activity: construction
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.12141 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Volkov Vladimir Nikolaevich
Year of birth: 1951

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of Dzerzhinsk interdistrict telecommunication center

Period: 1997 - 2000
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: a member of management board

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - 2002
Organization: OJSC "Svyazinform" of the Penza Region
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.00588 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Grigorieva Alla Borisovna
Year of birth: 1967

Posts held during the last 5 years:
Period: 1997 - 2000
Organization: OJSC "Ivtelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 1998
Organization: OJSC "Amursvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 1998
Organization: OJSC "Svyazinform" of the Penza Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 2002
Organization: OJSC "Electrosvyaz" of the Kaluga Region
Activity: telecommunication
Post: chairman of the board of directors

Period: 1997 - 2002
Organization: OJSC "UdmurtTelecom" 
Activity: telecommunication
Post: chairman of the board of directors

Period: 1997 - 1999
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: deputy head of Service of management of share holdings

Period: 1998 - 2002
Organization: OJSC "Sakhalinsvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1999 - present time
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: the deputy director - the chief of a department of representatives of Department of corporate governance

Period: 1999 - 2000
Organization: OJSC "Karachaevo - Cherkesskelectrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1999 - present time
Organization: OJSC "Uralsvyazinform" of the Perm Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 1999 - 2000
Organization: OJSC "Svyazinform" of the Penza Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2000 - 2002
Organization: OJSC "Electrosvyaz" of the Rostov Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Penza Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Electrosvyaz" of Republic Adygea
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Electrosvyaz" of the Ulyanovsk Region
Activity: telecommunication 
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.00061 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Grigorieva Lyubov Ivanovna
Year of birth: 1953

Posts held during the last 5 years:
Period: 1997 - 2002
Organization: LLC "First independent registrar"
Activity: information and computing service
Post: chairman of the board of directors

Period: 1997 - 2001
Organization: OJSC "Nizhniy Novgorod regional center "Myza"
Activity: Operations with real estate, trade
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: a member of management board

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: deputy general director

Period: 1999 - present time
Organization: OJSC "VolgaTelecom" 
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Penza Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "UdmurtTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: CJSC "RusLeasingSvyaz"
Activity: leasing
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Kirovelektrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: LLC "the First independent registrar"
Activity: information and computing service
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.01192 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Osipchuk Anton Igorevich
Year of birth: 1967

Posts held during the last 5 years:
Period: 1997 - 2000
Organization: OJSC "Telecominvest"
Activity: investment
Post: deputy general director of economy and finance

Period: 1999 - 2000
Organization: OJSC "Telecominvest"
Activity: investment
Post: Member of the Board of directors

Period: 2000 - 2002
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: first deputy general director

Period: 2000 - 2002
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: member of management board

Period: 2000 - 2002
Organization: OJSC "PTS"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2000 - present time
Organization: CJSC "Mobitel"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2000 - present time
Organization: OJSC "ROSTELECOM"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - present time
Organization: CJSC "North-Western Telecombank"
Activity: finance and credit
Post: Member of the Board of directors

Period: 2001 - 2003
Organization: OJSC "Southern telecommunication company"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - present time
Organization: OJSC "RTKomm.RU"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Samara Region
Activity: telecommunication
Post: chairman of the board of directors

Period: 2001 - 2002
Organization: OJSC "Uralsvyazinform" of the Perm Region
Activity: telecommunication
Post: chairman of the board of directors

Period: 2001 - present time
Organization: OJSC "MTS"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
The organization: AKB "Telecommunication - Bank"
Activity: finance and credit
Post: Member of the Board of directors

Period: 2002 - present time
Organization: Noncommercial partnership "Telecommunications development problems research center"
Activity: telecommunication
Post: chairman of council of partnership

Period: 2002 - present time
Organization: OJSC "RTK-Leasing"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: NPF "Rostelecom - Guarantiya"
Activity: telecommunication
Post: member of council of fund

Equity stake in charter capital of the issuer: 
none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Lyulin Vladimir Fedorovich
Year of birth: 1938

Posts held during the last 5 years:
Period: 1997 - present time
Organization: CJSC "Nizhegorodteleservice"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: CJSC "Nizhegorodpromstroybank"
Activity: finance credit
Post: Member of the Board of directors

Period: 1997 - present time
Organization: CJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 2001
Organization: CJSC "TeleRoss-Nizhniy Novgorod "
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 2001
Organization: VZAO "Nizhniy Novgorod Fair"
Activity: culture and art (exhibitions)
Post: Member of the Board of directors

Period: 1997 - present time
Organization: the Non-state pension fund "Doveriye"
Activity: provision of pensions
Post: chairman of council of Fund

Period: 1997 - present time
Organization: CJSC "Nizhniy Novgorod cellular communication"
Activity: telecommunication
Post: member of the board of directors

Period: 1997 - present time
Organization: CJSC "Transsvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: General director

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 1998 - present time
Organization: CJSC Commercial bank "UNEXIM - VOLGA "
Activity: finance credit
Post: member of council of Bank

Period: 1998 - present time
Organization: CJSC "Sotel - Nizhniy Novgorod "
Activity: telecommunication
Post: Member of the Board of directors

Period: 1998 - present time
Organization: CJSC "Ericssonsvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1999 - present time
Organization: CJSC "Nizhniy Novgorod radio telephone"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Ulyanovskelectrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Saratovelektrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - present time
Organization: Union of manufacturers and consumers of equipment for communication facilities
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Samara Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - present time
Organization: Noncommercial partnership "Telecommunications development problems research center"
Activity: telecommunication
Post: member of council of partnership

Period: 2002 - 2002
Organization: OJSC "Martelcom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - 2002
Organization: OJSC "Electrosvyaz" of the Orenburg Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "National payphone network"
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.18588 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Degtyaryov Vadim Sergeyevich
Year of birth: 1975

Posts held during the last 5 years:
Period: 1998 - present time
Organization: Investment Company "Brunswick Capital Management"
Activity: management
Post: Fund manager

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Samara Region
Activity: telecommunication 
Post: Member of the Board of directors

Period: 2001 - present time
Organization: OJSC "Moscow city telephone network"
Activity: telecommunication 
Post: Member of the Board of directors

Period: 2001 - present time
Organization: CJSC "Central Department Store Invest"
Activity: real estate activities
Post: Member of the Board of directors

Period: 2001 - present time
Organization: OJSC "Trading House of Central Department Store"
Activity: trade
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "Konakovo state district power station"
Activity: power
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Lopatin Alexander Vladimirovich
Year of birth: 1964

Posts held during the last 5 years:
Period: 1997 - 1998
Organization: RAO "EES"
Activity: power
Post: director of Exchequer

Period: 1999 - 2000
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: the first deputy general director

Period: 2000 - present time
Organization: OJSC "Svyazinvest"
Activity: telecommunication services
Post: member of management board

Period: 2000 - present time
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: deputy general director

Period: 2000 - present time
Organization: CJSC "RusLeasingSvyaz"
Activity: leasing
Post: chairman of the board of directors

Period: 2000 - present time
Organization: CJSC "MobiTel"
Activity: telecommunication
Post: member of the Board of directors

Period: 2001 - present time
Organization: OJSC "Centrtelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
The organization: OJSC "Hantymansijskokrtelekom"
Activity: telecommunication
Post: chairman of the board of directors

Period: 2001 - present time
Organization: OJSC "Central Telegraph"
Activity: telecommunication
Post: chairman of the board of directors

Period: 2001 - present time
Organization: OJSC "Rostelecom"
Activity: telecommunication 
Post: Member of the Board of directors

Period: 2001 - present time
Organization: OJSC "MGTS"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: Noncommercial partnership "Telecommunications development problems research center"
Activity: telecommunication
Post: chairman of council of partnership

Period: 2001 - 2002
Organization: OJSC "Electrosvyaz" of Krasnoyarsk region
Activity: telecommunication
Post: chairman of the board of directors

Period: 2002 - present time
Organization: Noncommercial partnership "Telecommunications development problems research center"
Activity: telecommunication
Post: director of partnership

Period: 2002 - present time
Organization: OJSC "Dalsvyaz"
Activity: telecommunication
Post: chairman of the board of directors

Period: 2002 - present time
Organization: OJSC "Rostelecom"
Activity: telecommunication
Post: member of management board

Period: 2002 - present time
Organization: OJSC "Sibirtelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Zabolotny Igor Viktorovich
Year of birth: 1967

Posts held during the last 5 years:
Period: 1997 - 1999
Organization: OJSC "Rostelecom"
Activity: telecommunication
Post: expert, executive director, chief of department of organization and planning of services and tariffs of inter-city telecommunication, executive director, chief of department of general operation of communication services

Period: 1999 - 2002
Organization: OJSC "Svyazinvest"
Activity: telecommunication
Post: executive director - director of Department of marketing and the organization of sale of services 

Period: 2000 - 2002
Organization: OJSC "Electrosvyaz" of Republic of Kalmykia
Activity: telecommunication
Post: chairman of the board of directors

Period: 2000 - present time
Organization: OJSC "Dalsvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2000 - 2002
Organization: OJSC "Sakhalinsvyaz"
Activity: telecommunication
Post: chairman of the board of directors

Period: 2002 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - 2002
Organization: OJSC "Electrosvyaz" of the Tver Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "Rostelecom"
Activity: telecommunication
Post: member of management board

Period: 2002 - present time
Organization: OJSC "Hyprosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "Dalsvyaz"
Activity: telecommunication
Post: member of management board

Period: 2002 - 2002
Organization: OJSC Electrosvyaz" Khabarovsk territory
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "Dalsvyaz"
Activity: telecommunication
Post: general director

Equity stake in charter capital of the issuer: none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

22. Individual and joint management bodies of the issuer and officials of the managing issuer.
Sole executive, and also members of joined executive agency of the issuer:
Arakcheyev Alexander Vasilievich
Year of birth: 1938

Posts held during the last 5 years:
Period: 1997-2003
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: chief engineer

Period: 2003 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: the first deputy general director (technical director)

Period: 1997 - 1999
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Equity stake in charter capital of the issuer: 0.06122 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Vystorop Vasily Petrovich
Year of birth: 1949

Posts held during the last 5 years:
Period: 1997 - 1999
Organization: M/u 41635 Moscow military districts. N.Novgorod
Activity: organization and operation of army telecommunication system
Post: chief of army telecommunication forces

Period: 1999 - 2000
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: chief of mobilization preparation and extreme situations department

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: deputy general director

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Equity stake in charter capital of the issuer: none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Grigorieva Lyubov Ivanovna
Year of birth: 1953

Posts held during the last 5 years:
Period: 1997 - 2002
Organization: LLC "First independent registrar"
Activity: information and computing service
Post: chairman of the board of directors

Period: 1997 - 2001
Organization: OJSC "Nizhniy Novgorod regional center "Myza"
Activity: Operations with real estate, trade
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: deputy general director

Period: 1999 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC " Svyazinform " of the Penza Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Udmurtelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: CJSC "RusLeasingSvyaz"
Activity: leasing
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Kirovelektrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: LLC " First independent registrar "
Activity: information and computing service
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.01192 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Dyakonov Mikhail Vasilievich
Year of birth: 1954

Posts held during the last 5 years:
Period: 1997 - 1999
Organization: LLC "Svyazstroycom"
Activity: telecommunication construction
Post: director, technical director

Period: 1999 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 1999 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: deputy general director

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of Republic of Mordovia
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Chuvash republic
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Yeliseyeva Valentina Ivanovna
Year of birth: 1946

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: chief of department of economic policy

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Equity stake in charter capital of the issuer: 0.00415 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Lyulin Vladimir Fedorovich
Year of birth: 1938

Posts held during the last 5 years:
Period: 1997 - present time
Organization: CJSC "Nizhegorodteleservice"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
The organization: CJSC "Nizhegorodpromstroybank"
Activity: finance, credit
Post: Member of the Board of directors

Period: 1997 - present time
Organization: CJSC "Nizhniy Novgorod cellular communication"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 2001
Organization: CJSC "TeleRoss-Nizhniy Novgorod"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - 2001
Organization: VZAO "Nizhniy Novgorod Fair"
Activity: culture and art (exhibitions)
Post: Member of the Board of directors

Period: 1997 - present time
Organization: Non-state pension fund "Doveriye"
Activity: provision of pensions
Post: chairman of council of Fund

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 1997 - present time
Organization: CJSC "Transsvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: General director

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1998 - present time
Organization: CJSC Commercial bank "UNEXIM-VOLGA"
Activity: finance, credit
Post: member of council of Bank

Period: 1998 - present time
Organization: CJSC "Sotel-Nizhniy Novgorod "
Activity: telecommunication
Post: Member of the Board of directors

Period: 1998 - present time
Organization: CJSC "Ericsson svyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1999 - present time
Organization: CJSC "Nizhniy Novgorod radio telephone"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Saratovelektrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Svyazinform" of the Samara Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - present time
Organization: Noncommercial partnership "Telecommunications development problems research center"
Activity: telecommunication
Post: member of council of partnership

Period: 2001 - present time
Organization: Union of manufacturers and consumers of equipment for communication facilities
Activity: telecommunication
Post: Member of the Board of directors

Period: 2001 - 2002
Organization: OJSC "Ulyanovskelectrosvyaz"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - 2002
Organization: OJSC "Electrosvyaz" of the Orenburg Region
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - 2002
Organization: OJSC "Martelcom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 2002 - present time
Organization: OJSC "National payphone network"
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.18588 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Lebedev Alexander Ivanovich
Year of birth: 1948

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of Kstovo interdistrict telecommunication center 

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 2002 - 2002
organization: OJSC "Martelcom"
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: none
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Osipova Lyudmila Petrovna
Year of birth: 1938

Posts held during the last 5 years:
Period: 1997 - 2002
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: main legal adviser

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 2002 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: deputy chief of legal department, deputy director of legal department

Equity stake in charter capital of the issuer: 0.00219 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Tolstonogov Nikolay Ivanovich
Year of birth: 1944

Posts held during the last 5 years:
Period: 1997 - 2000
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: Member of the Board of directors

Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of Nizhniy Novgorod inter-city telephone exchange 

Period: 1999 - present time
Organization: CJSC "Volga - Sotel"
Activity: construction
Post: Member of the Board of directors

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Period: 2002 - 2002
Organization: OJSC "Electrosvyaz" of the Orenburg Region
Activity: telecommunication
Post: Member of the Board of directors

Equity stake in charter capital of the issuer: 0.06737 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Abashin Vladimir Aleksandrovich
Year of birth: 1949

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of the Arzamas interdistrict telecommunication center

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Equity stake in charter capital of the issuer: 0.00829 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Kuranov Mikhail Andreevich
Year of birth: 1946

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of Gorodets interdistrict telecommunication center

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: a member of management board

Equity stake in charter capital of the issuer: 0.01148 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

Timarev Valery Nikolaevich
Year of birth: 1949

Posts held during the last 5 years:
Period: 1997 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: director of Uren interdistrict telecommunication center 

Period: 2000 - present time
Organization: OJSC "VolgaTelecom"
Activity: telecommunication
Post: member of management board

Equity stake in charter capital of the issuer: 0.00027 %
Shares in affiliated / dependent societies of the issuer:
none

Compensations paid for accounting quarter:
Confidential information

The person acting as a sole executive of the issuer: Lyulin Vladimir Fedorovich
23. Compensations paid to members of the Board of directors (supervisory council) and other officials of the issuer.
The total size of the compensations paid to all the persons listed in items 21 and 22 for the accounting period:
Wages (Rub.).: 1468046.77
Premiums (Rub.).: 1953594.94
Commission (Rub.).: 0
Other property grantings (Rub.).: 133320.46
Total (Rub.).: 3554962.17

See also items 21 and 22
24. Information on legal persons in which the issuer is a participant.

Legal persons in which the issuer owns not less than 5 percent of the charter capital:

Name: Closed joint-stock company " TeleSvyazinform "
Location: Russian Federation, Saransk, Bolshevistskaya street, 13
Mail address: 430000, Russian Federation, Saransk, Bolshevistskaya street, 13
Share of the issuer in the charter capital of the legal person: 100 %

Name: Limited liability company "Udmurt cellular networks - 450"
Location: Russian Federation, Izhevsk, Pushkinskaya street, 206
Mail address: 426034, Russian Federation, Izhevsk, Pushkinskaya street, 206
Share of the issuer in the charter capital of the legal person: 100 %

Name: Limited liability company " Vyatka - Page"
Location: Russian Federation, Kirov (Reg.)., Uralskaya street, 1
Mail address: 610017, Russian Federation,  Kirov (Reg.)., Oktyabrsky pr., 115
Share of the issuer in the charter capital of the legal person: 91 %

Name: Closed joint-stock company " Digital telecommunications "
Location: Russian Federation,  Cheboksary, Gagarin street, 20 a
Mail address: 428000, Russian Federation,  Cheboksary, Gagarin street, 20 a
Share of the issuer in the charter capital of the legal person: 81.25 %

Name: non-state pension fund "Region - Svyaz"
Location: Russian Federation,  Izhevsk, Pushkinskaya street, 278
Mail address: 426008, Russian Federation,  Izhevsk, Pushkinskaya street, 278
Share of the issuer in the charter capital of the legal person: 75 %

Name: closed joint-stock company " Pulse - Radio Yoshkar Ola "
Location: Russian Federation, Yoshkar Ola, Sovetskaya street, 138
Mail address: 424000, Russian Federation, Yoshkar Ola, Sovetskaya street, 138
Share of the issuer in the charter capital of the legal person: 61 %

Name: Closed joint-stock company " Cellular communication of Mordovia "
Location: Russian Federation,  Saransk, Bolshevistskaya street, 13
Mail address: 430000, Russian Federation,  Saransk, Kommunisticheskaya str., 52
Share of the issuer in the charter capital of the legal person: 60 %

Name: Limited liability company " Private security enterprise "ROS"
Location: Russian Federation,  Penza, Dzerzhinsky str., 30
Mail address: 440062, Russian Federation,  Penza, Dzerzhinsky str., 30
Share of the issuer in the charter capital of the legal person: 60 %

Name: Closed joint-stock company " Orenburg - GSM "
Location: Russian Federation,  Orenburg, Automatiki pr., 8
Mail address: 460048, Russian Federation,  Orenburg, Automatiki pr., 8
Share of the issuer in the charter capital of the legal person: 51 %

Name: Joint venture limited liability company "Izhkom"
Location: Russian Federation,  Izhevsk, K.Marx street, 206
Mail address: 426057, Russian Federation,  Izhevsk, K.Marx street, 206
Share of the issuer in the charter capital of the legal person: 51 %

Name: Limited liability company "Radio-resonance"
Location: Russian Federation, N.Novgorod, Oksky syezd, 8
Mail address: 603022, Russian Federation, N.Novgorod, Oksky syezd, 8
Share of the issuer in the charter capital of the legal person: 51 %

Name: Limited liability company " Vyatka cellular communication "
Location: Russian Federation,  Kirov (Reg.)., the Uralskaya street, 1
Mail address: Russian Federation,  Kirov (Reg.).. The Vorovsky str., 119
Share of the issuer in the charter capital of the legal person: 51 %

Name: Closed joint-stock company "People's Phone Saratov "
Location: Russian Federation,  Saratov, Kiselyov street, 40
Mail address: 410600, Russian Federation,  Saratov, Kiselyov street, 40
Share of the issuer in the charter capital of the legal person: 50 % + 1

Name: Closed joint-stock company " Chery Page"
Location: Russian Federation,  Cheboksary, K.Ivanov street, 83
Mail address: 428018, Russian Federation,  Cheboksary, K.Ivanov street, 83
Share of the issuer in the charter capital of the legal person: 50 %

Name: Closed joint-stock company " Saratov - Mobile "
Location: Russian Federation,  Saratov, Kiselyov street, 40
Mail address: 410004, Russian Federation,  Saratov, Chernyshevsky str., 88, building 5
Share of the issuer in the charter capital of the legal person: 50 %

Name: Closed joint-stock company " Ulyanovsk - GSM "
Location: Russian Federation,  Ulyanovsk, L.Tolstoy str., 60
Mail address: 432063, Russian Federation,  Ulyanovsk, Goncharov str., 52
Share of the issuer in the charter capital of the legal person: 50 % + 1

Name: Closed joint-stock company " Nizhniy Novgorod radio telephone "
Location: Russian Federation, N.Novgorod, Gorky sq., Post House
Mail address: 603000, Russian Federation, N.Novgorod, Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 50 %

Name: Closed joint-stock company " Nizhniy Novgorod cellular communication "
Location: Russian Federation, N.Novgorod, M.Gorky sq., Post House
Mail address: 603000, Russian Federation, N.Novgorod, M.Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 50 %

Name: Closed joint-stock company " Digital networks of Udmurtiya - 900 "
Location: Russian Federation,  Izhevsk, Pushkinskaya street, 278
Mail address: 426003, Russian Federation,  Izhevsk, V.Sivkova str., 86
Share of the issuer in the charter capital of the legal person: 49 %

Name: Open joint-stock company " Information commercial networks "OMRIKS"
Location: Russian Federation,  Orenburg, Tereshkova str., 10
Mail address: 460018, Russian Federation,  Orenburg, Tereshkova str., 10
Share of the issuer in the charter capital of the legal person: 42.4 %

Name: Closed joint-stock company " Commercial bank " S - Bank "
Location: Russian Federation,  Izhevsk, Lenin street, 6
Mail address: 426057, Russian Federation,  Izhevsk, Lenin street, 6
Share of the issuer in the charter capital of the legal person: 41.7 %

Name: Joint venture Closed joint-stock company "MarPaging"
Location: Russian Federation, Yoshkar Ola, Sovetskaya street, 138
Mail address: 424000, Russian Federation, Yoshkar Ola, Sovetskaya street, 138
Share of the issuer in the charter capital of the legal person: 40 %

Name: Joint venture Closed joint-stock company " Pulse - Radio "
Location: Russian Federation, Yoshkar Ola, Sovetskaya street, 138
Mail address: 424000, Russian Federation, Yoshkar Ola, Sovetskaya street, 138
Share of the issuer in the charter capital of the legal person: 40 %

Name: Closed joint-stock company " Transsvyaz "
Location: Russian Federation, N.Novgorod, Chaadayev street, 2
Mail address: 603950, Russian Federation, N.Novgorod, GSP - 1273. Gordeyevskaya street, 5, room 306
Share of the issuer in the charter capital of the legal person: 40 %

Name: Closed joint-stock company " Penza - Mobile "
Location: Russian Federation,  Penza, Kuprikhin str., 1/3
Mail address: 440035, Russian Federation,  Penza, Popov str., 2 and
Share of the issuer in the charter capital of the legal person: 40 %

Name: Closed joint-stock company " Nizhegorodteleservice "
Location: Russian Federation, N.Novgorod, M.Gorky sq., Post House
Mail address: 603107, Russian Federation, N.Novgorod, Zhukov sq., 3
Share of the issuer in the charter capital of the legal person: 40 %

Name: Open joint-stock company " Telesot "
Location: Russian Federation,  Orenburg, Tereshkova str., 257
Mail address: 460050, Russian Federation,  Tereshkova str., 257
Share of the issuer in the charter capital of the legal person: 32.4 %

Name: non-profit organization, non-state pension fund "Doveriye"
Location: Russian Federation, N.Novgorod, M.Gorky sq., Post House
Mail address: 603000, Russian Federation, N.Novgorod, M.Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 30 %

Name: Closed joint-stock company " Chuvashiya Mobile "
Location: Russian Federation,  Cheboksary, K. Ivanov street, 83
Mail address: 428018, Russian Federation,  Cheboksary, K.Ivanov street, 83
Share of the issuer in the charter capital of the legal person: 30 %

Name: Closed joint-stock company " Samara - Telecom "
Location: Russian Federation,  Samara, Polevaya str., 43
Mail address: 443001, Russian Federation,  Samara, Polevaya str., 43
Share of the issuer in the charter capital of the legal person: 25 %

Name: Open joint-stock company " Agrofirm " REANTA "
Location: Russian Federation, Yoshkar Ola, Chavayn blvd., 11 a
Mail address: 424000, Russian Federation, Yoshkar Ola, Chavayn blvd., 11 a
Share of the issuer in the charter capital of the legal person: 25 %

Name: Closed joint-stock company " Ericsson svyaz "
Location: Russian Federation, N.Novgorod, Gagarin pr., 37 
Mail address: 603129, Russian Federation, N.Novgorod, Yanka Kupala street, 10
Share of the issuer in the charter capital of the legal person: 24 %

Name: Closed joint-stock company "Sotel - Nizhniy Novgorod "
Location: Russian Federation, N.Novgorod, Sovetskaya sq., 2
Mail address: 603600, Russian Federation, N.Novgorod, GSP - 57, Sovetskaya sq., 2
Share of the issuer in the charter capital of the legal person: 20 %

Name: Limited liability company "Commercial Industrial firm "N.N.-Rossvyazinform "
Location: Russian Federation, N.Novgorod, Sovetskaya sq., 3, office 425
Mail address: 603000, Russian Federation, N.Novgorod, M.Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 20 %

Name: Open joint-stock company "EKS - TV "
Location: Russian Federation, Yoshkar Ola, Osipenko street, 50
Mail address: 424037, Russian Federation, Yoshkar Ola, Osipenko street, 50
Share of the issuer in the charter capital of the legal person: 19.4 %

Name: The closed joint-stock company " Rag - Time "
Location: Russian Federation,  Samara, Chernorechenskaya street, 50, office 418
Mail address: 443013Russian Federation, Samara, Chernorechenskaya street, 50, office 418
Share of the issuer in the charter capital of the legal person: 17 %

Name: Closed joint-stock company "Samarasvyazinform"
Location: Russian Federation,  Samara, Penzenskaya street, 24
Mail address: 443010, Samara, Penzenskaya street, 24
Share of the issuer in the charter capital of the legal person: 16.9 %

Name: Volga region Association of engineers of telecommunications and computer science "TELEINFO"
Location: Russian Federation,  Samara, L.Tolstoy street, 23-219
Mail address: 443099, Samara, L.Tolstoy street, 23 - 219
Share of the issuer in the charter capital of the legal person: 16.7 %

Name: Closed joint-stock company " Saratov system of cellular communication "
Location: Russian Federation,  Saratov, 50 years of October pr., 110 A
Mail address: 410040, Saratov, 50 years of October pr., 110 A
Share of the issuer in the charter capital of the legal person: 15 %

Name: Limited liability company "Union Card Processing Center" Nizhniy Novgorod"
Location: Russian Federation, N.Novgorod, Varvarskaya street, 32
Mail address: 603000, Russian Federation, N.Novgorod, M.Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 15 %

Name: Closed joint-stock company "Center of author's medical technologies and innovations"
Location: Russian Federation,  Saransk, 
Mail address: 430000, Russian Federation,  Saransk, Kommunisticheskaya str., 52
Share of the issuer in the charter capital of the legal person: 14 %

Name: Closed joint-stock company " scientific and technological centre " Komset "
Location: Russian Federation,  Moscow, Zeleny pr., 7. floor 4
Mail address: 111141, Russian Federation,  Moscow, Zeleny pr. 7. floor 4
Share of the issuer in the charter capital of the legal person: 11 %

Name: Closed joint-stock company "Agency of protection of competition and consumers rights EKAD"
Location: Russian Federation,  Nizhniy Novgorod Region, Pavlovo, Suvorov street, 1
Mail address: 603140, Russian Federation, N.Novgorod, Lenin pr., 11 r. 311
Share of the issuer in the charter capital of the legal person: 10.4 %

Name: Limited liability company "Samara payphone" 
Location: Russian Federation,  Samara, Penzenskaya street, 68 a
Mail address: 443096, Samara, Penzenskaya street, 68 a
Share of the issuer in the charter capital of the legal person: 10 %

Name: Closed joint-stock company "TeleRoss - Samara "
Location: Russian Federation,  Samara, Polevaya str., 43
Mail address: 443001, Russian Federation,  Samara, Polevaya str., 43
Share of the issuer in the charter capital of the legal person: 10 %

Name: Limited liability company "Raduga - Poisk"
Location: Russian Federation, N.Novgorod, Studencheskaya street, 11
Mail address: 603000, Russian Federation, N.Novgorod, M.Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 10 %

Name: Closed joint-stock company Bank " Unexim - Volga "
Location: г. N.Novgorod, Novaya street, 17
Mail address: 603000, Russian Federation, N.Novgorod, Novaya street, 17
Share of the issuer in the charter capital of the legal person: 8.31 %

Name: Closed joint-stock company Russian documentary telecommunication "Rostelegraf"
Location: Russian Federation,  Moscow, Tverskaya street, 7
Mail address: 103375, Moscow, Tverskaya street, 7
Share of the issuer in the charter capital of the legal person: 7.8 %

Name: Limited liability company "PACT"
Location: Russian Federation,  Penza, pr. Stroiteley, 130 - 248
Mail address: 440071, Russian Federation,  Penza, Krasnov street, 33
Share of the issuer in the charter capital of the legal person: 6.25 %

Name: Open joint-stock company " Sheremetev's Castle "
Location: Republic of Mariy El, Yurino
Mail address: 425000, Republic of Mariy El, Yurino
Share of the issuer in the charter capital of the legal person: 5 %
25. Shares of participation of all legal persons in which the issuer owns more than 5 percent of the charter capital, and also their officials in the charter capital of the issuer.
25.1 Name: LLC "Udmurt cellular networks - 450 "
Location: Russian Federation,  Izhevsk, Pushkinskaya street, 206
Mail address: 426034, Russian Federation,  Izhevsk, Pushkinskaya street, 206
Share of the issuer in the charter capital of the legal person: 100 %
Share of the person in the charter capital of the issuer: none
Officials:
25.1.1 Pozdeyev Arcady Nikolayevich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.01703 %

25.2 Name: Non-state pension fund " Region - Svyaz "
Location: Russian Federation,  Izhevsk, Pushkinskaya street, 278
Mail address: 426008, Russian Federation,  Izhevsk, Pushkinskaya street, 278
Share of the issuer in the charter capital of the legal person: 75 %
Share of the person in the charter capital of the issuer: none
Officials:
25.2.1 Khaba Stepan Mikhailovich
Functions of given person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.04126 %

25.2.2 Galchenko Tatyana Petrovna
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00249 %

25.3 Name: CJSC "Nizhniy Novgorod cellular communication"
Location: Russian Federation, N.Novgorod, M. Gorky sq., Post House
Mail address: 603000, Russian Federation, N.Novgorod, M. Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 50 %
Share of the person in the charter capital of the issuer: none
Officials:
25.3.1 Petrov Mikhail Viktorovich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0 %

25.3.2 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.4 Name: CJSC " Saratov Mobile "
Location: Russian Federation,  Saratov, Kiselyov street, 40
Mail address: 410004, Russian Federation,  Saratov, Chernyshevsky str., 88, building 5
Share of the issuer in the charter capital of the legal person: 50 %
Share of the person in the charter capital of the issuer: none
Officials:
25.4.1 Komarov Igor Evgenievich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00015 %

25.5 Name: CJSC " Nizhniy Novgorod radio telephone "
Location: Russian Federation, N.Novgorod, M. Gorky sq., Post House
Mail address: 603000, Russian Federation, N.Novgorod, M. Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 50 %
Share of the person in the charter capital of the issuer: none
Officials:
25.5.1 Karashtin Mikhail Pavlovich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0.00454 %

25.5.2 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.6 Name: CJSC " People's Phone Saratov "
Location: Russian Federation,  Saratov, Kiselyov street, 40
Mail address: 410600, Russian Federation,  Saratov, Kiselyov street, 40
Share of the issuer in the charter capital of the legal person: 50 % + 1
Share of the person in the charter capital of the issuer: none
Officials:
25.6.1 Kalinin Andrey Evgenievich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0.00111 %

25.6.2 Korolkov Oleg Animpadistovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.102592 %

25.6.3 Muravlev Vladimir Borisovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.01772 %

25.7 Name: CJSC " Digital networks of Udmurtiya - 900 "
Location: Russian Federation,  Izhevsk, Pushkinskaya street, 278
Mail address: 426003, Russian Federation,  Izhevsk, street. V.Sivkova, 86
Share of the issuer in the charter capital of the legal person: 49 %
Share of the person in the charter capital of the issuer: 0.00976 %
Officials:
25.7.1 Sokovikov Sergey Ivanovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00321 %

25.8 Name: CJSC of KB " S - Bank "
Location: Russian Federation,  Izhevsk, Lenin street, 6
Mail address: 426057, Russian Federation,  Izhevsk, Lenin street, 6
Share of the issuer in the charter capital of the legal person: 41.7 %
Share of the person in the charter capital of the issuer: 0.05197 %
Officials:
25.8.1 Vyalshin Alexander Pavlovich
Functions of the person: Member of joined executive agency
Share of the person in the charter capital of the issuer: 0.00011 %

25.8.2 Fariseyev Valery Mikhailovich
Functions of the person: Member of joined executive agency
Share of the person in the charter capital of the issuer: 0.00005 %

25.9 Name: CJSC " Nizhegorodteleservice "
Location: Russian Federation, N.Novgorod. M. Gorky sq., Post House
Mail address: 604107, Russian Federation, N.Novgorod. Zhukov sq., 3
Share of the issuer in the charter capital of the legal person: 40 %
Share of the person in the charter capital of the issuer: none
Officials:
25.9.1 Mukhin Vladimir Aleksandrovich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0 %

25.9.2 Kuzmenko Yury Vasilievich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00871 %

25.9.3 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.10 Name: CJSC " Transsvyaz "
Location: Russian Federation, N.Novgorod, M. Gorky sq., Post House
Mail address: 603035, Russian Federation, N.Novgorod, Chaadayev street, 2
Share of the issuer in the charter capital of the legal person: 40 %
Share of the person in the charter capital of the issuer: none
Officials:
25.10.1 Sumin Yury Afanasievich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0.00096 %

25.10.2 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.11 Name: Non-profit organization, non-state pension fund "Doveriye"
Location: Russian Federation, N.Novgorod, M. Gorky sq., Post House
Mail address: 603000, Russian Federation, N.Novgorod, M. Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 30 %
Share of the person in the charter capital of the issuer: 0.002795 %
Officials:
25.11.1 Suvorov Eugeny Borisovich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0 %

25.11.2 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.11.3 Shuleshov Nikolay Mikhailovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.0026 %

25.11.4 Tuljakov Yury Mikhailovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00002 %

25.12 Name: CJSC " Samara - Telecom "
Location: Russian Federation,  Samara, Polevaya str., 43
Mail address: 443001, Russian Federation,  Samara, Polevaya str., 43
Share of the issuer in the charter capital of the legal person: 25 %
Share of the person in the charter capital of the issuer: none
Officials:
25.12.1 Poverenov Eugeny Nikolayevich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00117 %

25.13 Name: CJSC "Sotel - Nizhniy Novgorod "
Location: Russian Federation, N.Novgorod, a Sovetskaya sq., 2
Mail address: 603136, Russian Federation, N.Novgorod, a Sovetskaya sq., 2
Share of the issuer in the charter capital of the legal person: 20 %
Share of the person in the charter capital of the issuer: none
Officials:
25.13.1 Barsukov Anatoly Gennadievich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0 %

25.13.2 Korshunov Sergey Maksimovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.01413 %

25.13.3 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.14 Name: LLC "Commercial Industrial company "N.N. - Rossvyazinform "
Location: Russian Federation, N.Novgorod, Sovetskaya sq., 3, office 425
Mail address: 603000, Russian Federation, N.Novgorod, M. Gorky sq., Post House
Share of the issuer in the charter capital of the legal person: 20 %
Share of the person in the charter capital of the issuer: none
Officials:
25.14.1 Alyshev Vadim Petrovich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0.00532 %

25.15 Name: CJSC Bank " Unexim - Volga "
Location: Russian Federation, N.Novgorod, Novaya street, 17
Mail address: 603000, Russian Federation, N.Novgorod, Novaya street, 17
Share of the issuer in the charter capital of the legal person: 19.67 %
Share of the person in the charter capital of the issuer: none
Officials:
25.15.1 Novikov Vladimir Petrovich
Functions of the person: the Sole executive
Share of the person in the charter capital of the issuer: 0 %

25.15.2 Lyulin Vladimir Fedorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.18588 %

25.15.3 Silenko Boris Anatolievich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00762 %

25.16 Name: CJSC " Rag - Time "
Location: Russian Federation,  Samara, Chernorechenskaya street, 50, off. 418
Mail address: 443013, Russian Federation, Samara Chernorechenskaya street, 50, off. 418
Share of the issuer in the charter capital of the legal person: 17 %
Share of the person in the charter capital of the issuer: none
Officials:
25.16.1 Romanenko Vladimir Viktorovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00214 %

25.17 Name: CJSC "Samarasvyazinform"
Location: Russian Federation,  Samara, Penzenskaya street, 24
Mail address: 443010, Samara, Penzenskaya street, 24
Share of the issuer in the charter capital of the legal person: 16.9 %
Share of the person in the charter capital of the issuer: none
Officials:
25.17.1 Nazarov Alexander Konstantinovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00064 %

25.18 Name: CJSC " Saratov system of cellular communication "
Location: Russian Federation,  Saratov, pr. 50 years of October, 110 A
Mail address: 410040, Russian Federation,  Saratov, pr. 50 years of October, 110 A
Share of the issuer in the charter capital of the legal person: 15 %
Share of the person in the charter capital of the issuer: none
Officials:
25.18.1 Korolkov Oleg Animpadistovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.10259 %

25.19 Name: CJSC "TeleRoss - Samara "
Location: Russian Federation,  Samara, Polevaya str., 43
Mail address: 443001, Russian Federation,  Samara, Polevaya str., 43
Share of the issuer in the charter capital of the legal person: 10 %
Share of the person in the charter capital of the issuer: none
Officials:
25.19.1 Melik - Shakhnazarova Galina Vladimirovna
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00004 %

25.20 Name: CJSC Russian documentary telecommunication "Rostelegraf"
Location: Russian Federation,  Moscow, Tverskaya street, 7
Mail address: 103375, Russian Federation,  Moscow, Tverskaya street, 7
Share of the issuer in the charter capital of the legal person: 7.8 %
Share of the person in the charter capital of the issuer: none
Officials:
25.20.1 Sazer Alik Iosifovich
Functions of the person: Member of the board of directors (supervisory council)
Share of the person in the charter capital of the issuer: 0.00951 %
26. Other affiliates of the issuer.
26.1 Lyulin Vladimir Fedorovich
Share of the person in the charter capital of the issuer: 0.18588 %

26.2 Arakcheyev Alexander Vasilievich
Share of the person in the charter capital of the issuer: 0.06122 %

26.3 Abashin Vladimir Aleksandrovich
Share of the person in the charter capital of the issuer: 0.00829 %

26.4 Vystorop Vasily Petrovich
Share of the person in the charter capital of the issuer: none

26.5 Grigorieva Lyubov Ivanovna
Share of the person in the charter capital of the issuer: 0.01192 %

26.6 Dyakonov Mikhail Vasilievich
Share of the person in the charter capital of the issuer: none

26.7 Yeliseyeva Valentina Ivanovna
Share of the person in the charter capital of the issuer: 0.00415 %

26.8 Kuranov Mikhail Andreyevich
Share of the person in the charter capital of the issuer: 0.01148 %

26.9 Lebedev Alexander Ivanovich
Share of the person in the charter capital of the issuer: none

26.10 Osipova Lyudmila Petrovna
Share of the person in the charter capital of the issuer: 0.00219 %

26.11 Tolstonogov Nikolay Ivanovich
Share of the person in the charter capital of the issuer: 0.06737 %

26.12 Timarev Valery Nikolayevich
Share of the person in the charter capital of the issuer: 0.00027 %

26.13 Bakhayev Mikhail Anatolievich
Share of the person in the charter capital of the issuer: 0.12141 %

26.14 Volkov Vladimir Nikolayevich
Share of the person in the charter capital of the issuer: 0.00588 %

26.15 Grigorieva Alla Borisovna
Share of the person in the charter capital of the issuer: 0.00061 %

26.16 Osipchuk Anton Igorevich
Share of the person in the charter capital of the issuer: none

26.17 Degtyaryov Vadim Sergeyevich
Share of the person in the charter capital of the issuer: none

26.18 Zabolotny Igor Viktorovich
Share of the person in the charter capital of the issuer: none

26.19 Lopatin Alexander Vladimirovich
Share of the person in the charter capital of the issuer: none
27. Share of participation of the Issuer in the charter capital of legal persons - affiliates.
See items 24, 25, 26
28. Share of participation of affiliates of the Issuer, and also of their founders, officials in the charter capital of the Issuer.
See items 24, 25, 26
29. Persons who possess 5 and more percent of votes in the supreme body of management of the issuer.
Name: Open joint-stock company "Investment company of telecommunication "
Share: 50.6704 %

Name: "ING BANK (EURASIA) ZAO" (CLOSED JOINT-STOCK COMPANY)
Share: 18.4794 %

Name: Closed joint-stock company "Depository clearing company"
Share: 6.2752 %
30. Participation of the issuer in industrial, bank, financial groups, holdings, concerns and associations.
Organization: Association of operators of the federal network of business service "Iskra".
Place and functions of the issuer in Organization: the Association is founded by legal persons for assistance to its members in achievement of coordination of enterprise activity, performance and protection of their interests.
The issuer, a member of Association, participates in its activity that promotes achievement of purposes and targets stipulated by the charter of Association "SDO - Iskra".
31. Branches and agencies of the issuer.
Name: Kirov branch
Location: 601000, Kirov, Drelevsky street, 43/1
Mail address: 601000, Kirov, Drelevsky street, 43/1
Manager: Popovsky Valery Petrovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2002

Name: Branch in Republic of Mariy El
Location: 424000, Republic of Mariy El, Yoshkar Ola, Sovetskaya street, 138
Mail address: 424000, Republic of Mariy El, Yoshkar Ola, Sovetskaya street, 138
Manager: Kirillov Alexander Ivanovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: Branch in Republic of Mordovia
Location: 430000, Saransk, Bolshevistskaya street, 13
Mail address: 430000, Saransk, Bolshevistskaya street, 13
Manager: Shubin Ivan Ivanovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: The Orenburg branch
Location: 460000, Orenburg, Volodarsky street, 11
Mail address: 460000, Orenburg, Volodarsky street, 11
Manager: Zinoviev Alexander Nikolaevich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: The Penza branch
Location: 440606, Penza, Kuprin street, 1/3
Mail address: 440606, Penza, Kuprin street, 1/3
Manager: Nazarov Victor Markovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: The Samara branch
Location: 443010, Samara, Krasnoarmeyskaya street, 17
Mail address: 443010, Samara, Krasnoarmeyskaya street, 17
Manager: Yolkin Sergey Leonidovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: The Saratov branch
Location: 410600, Saratov, Kiselyov street, 40
Mail address: 410600, Saratov, Kiselyov street, 40
Manager: Korolkov Oleg Animpadistovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: The Ulyanovsk branch
Location: 432601, Ulyanovsk, L.Tolstoy str., 60
Mail address: 432601, Ulyanovsk, L.Tolstoy str., 60
Manager: Karyukanov Anatoly Sergeyevich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: Branch in the Udmurt republic
Location: 426008, Izhevsk, Pushkinskaya street, 278
Mail address: 426008, Izhevsk, Pushkinskaya street, 278
Manager: Fomitchov Sergey Mironovich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: Branch in the Chuvash Republic
Location: 428000, the Chuvash Republic, Cheboksary, Lenin pr., 2
Mail address: 428000, the Chuvash Republic, Cheboksary, Lenin pr., 2
Manager: Zaraysky Victor Yakovlevich
Date of opening: 1.12.2002
Validity of the power of attorney: 26.11.2003

Name: The Nizhniy Novgorod branch
Location: 603000, Nizhniy Novgorod, Bolshaya Pokrovskaya str., 56
Mail address: 603000, Nizhniy Novgorod, Bolshaya Pokrovskaya str., 56
Manager: Lyulin Vladimir Fedorovich
Date of opening: 27.12.2002
Validity of the power of attorney: 
32. Amount of workers of the issuer.
Average number of workers of the issuer, including the workers working in his branches and agencies, for the accounting period: 52478
33. Description of basic activities of the issuer.
See the supplement 

34. Investment declaration. Description of activity of the issuer.
Submitted only by investment funds
35. Plans of future activity of the issuer.
See the supplement
36. Data of the charter capital of the issuer.
The size of the charter capital of the issuer (Rub.).: 583387500

Breakdown of the charter capital on categories of shares:
Common stocks:
  Total amount (Rub.).: 437541000
  Equity stake in charter capital: 75.000064 %
Preferred shares:
  Total amount (Rub.).: 145846500
  Equity stake in charter capital: 24.999936 %
37. Information about the share of the state (municipal authority) in the charter capital of the issuer.
Share of the charter capital of the issuer in the state (municipal) property:
Kind of property: federal
Share: 0.60042 %
Block manager: the Russian Fund of Federal property

Share holding of the issuer fixed in the state (municipal) property:
none

Availability of the special right of participation of the Russian Federation, subjects of the Russian Federation, municipal authorities in management of the issuer (" the gold share "):
not provided
38. Information on declared shares of the issuer.
38.1
Category of shares: ordinary
Form of shares: nominal paperless
Long title of category / type of declared shares: ordinary nominal paperless shares
Face value (Rub.).: 5
Amount: 159766200
Total amount (Rub.).: 798831000
Conditions of placement: the Society has the right to place 159766200 ordinary nominal paperless shares in addition to the placed common stocks (the declared shares). Face value of each declared common stock makes 5 (Five) rubles. (item 6.3 of the Charter)

       The declared shares stipulated by item 6.3 of the present Charter, in case of their placement will possess all rights established by articles 7, 8 Charters for shares of the Society of a corresponding category (type).
       The charter capital of the Society can be increased in the procedure stipulated by the current legislation of the Russian Federation and the present Charter, the next ways:
-. By increase of face value of shares of the Society;
       - By placement of additional shares by open or closed subscription.
       In the case of increase of the charter capital of the Society by placement of additional shares by open or closed subscription, payment of placed shares can be carried out on the basis of the resolution on placement of shares by money, securities, other property or property rights or other rights having a monetary valuation.
       The increase of the charter capital of the Society by placement of additional shares by means of a closed subscription, as well as by placement of additional shares by public offering in case if the amount of shares additionally placed by public offering makes an increase of the charter capital of the Society of more than 25 percent of the shares placed by the Society earlier, is carried out on the basis of the resolution of the general meeting of stockholders of the Society adopted by a majority of three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly.
The increase of the charter capital of the Society by placement of additional shares by public offering is carried out on the basis of the resolution of the Board of directors of the Society adopted unanimously by all members of the Board of directors of the Society without taking into account the votes of retired directors of the Society in case if the amount of additionally placed shares makes 25 percent or less of shares placed by the Society earlier.
The increase of the charter capital of the Society by placement of additional shares at the expense of property of the Society is carried out on the basis of the resolution of the Board of directors of the Society adopted unanimously by all members of the Board of directors of the Society except for votes of retired directors of the Society.

38.2
Category of shares: preferred
Type of shares: A
Form of shares: nominal paperless
Long title of category / type of the declared shares: preferred nominal paperless type A shares
Face value (Rub.).: 5
Amount: 53354600
Total amount (Rub.).: 266773000
Conditions of placement: the Society has the right to place 53354600 preferred nominal paperless shares of type A in addition to the placed preferred shares (the declared shares). Face value of each declared preference share of type A makes 5 (Five) rubles.

         The declared shares stipulated by item 6.3 of the present Charter, in case of their placement will possess all rights established by articles 7, 8 of the Charter for shares of the Society of a corresponding category (type).
        The charter capital of the Society can be increased in the procedure stipulated by the current legislation of the Russian Federation and the present Charter, the next ways:
        - By increase of face value of shares of the Society;
        - By placement of additional shares by an open or closed subscription.
         In the case of increase of the charter capital of the Society by placement of additional shares by open or closed subscription, payment of placed shares can be carried out on the basis of the resolution on placement of shares by money, securities, other property or property rights or other rights having a monetary valuation.
          The increase of the charter capital of the Society by placement of additional shares by means of a closed subscription, as well as by placement of additional shares by public offering in case if the amount of shares additionally placed by public offering makes an increase of the charter capital of the Society of more than 25 percent of the shares placed by the Society earlier, is carried out on the basis of the resolution of the general meeting of stockholders of the Society adopted by a majority of three quarters of votes of stockholders, owners of voting shares of the Society participating in the assembly.
           The increase of the charter capital of the Society by placement of additional shares by public offering is carried out on the basis of the resolution of the Board of directors of the Society adopted unanimously by all members of the Board of directors of the Society without taking into account the votes of retired directors of the Society in case if the amount of additionally placed shares makes 25 percent or less of shares placed by the Society earlier.
           The increase of the charter capital of the Society by placement of additional shares at the expense of property of the Society is carried out on the basis of the resolution of the Board of directors of the Society adopted unanimously by all members of the Board of directors of the Society except for votes of retired directors of the Society.
39. Essential contracts and obligations of the issuer.
n/a
40. Obligations of the issuer concerning issue of shares and securities convertible into shares.
    n/a
41. Information on sanctions imposed on the issuer, his participation in litigations and checks.
Sanctions imposed on the issuer by state bodies, court, during three fiscal years, prior to the year of accounting quarter, and during the current year:
Sanction imposing date: 31.03.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 287000
Sanction implementation status: executed

Sanction imposing date: 31.03.2000
The body which has imposed the sanction: RF SIF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 13000
Sanction implementation status: executed

Sanction imposing date: 31.03.2000
The body which has imposed the sanction: RF STI
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
The Size of sanction (Rub.): 76000
Sanction implementation status: executed

Sanction imposing date: 31.03.2000
The body which has imposed the sanction: RF STI
The reasons of imposing: delayed performance of settlement
Kind of sanction: fine
Size of sanction (Rub.): 1000
Sanction implementation status: executed

Sanction imposing date: 30.06.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 116000
Sanction implementation status: executed

Sanction imposing date: 30.06.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: fine
Size of sanction (Rub.): 1000
Sanction implementation status: executed

Sanction imposing date: 30.06.2000
The body which has imposed the sanction: RF STI
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 62000
Sanction implementation status: executed

Sanction imposing date: 30.06.2000
The body which has imposed the sanction: RF STI
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: fine
Size of sanction (Rub.): 7000
Sanction implementation status: executed

Sanction imposing date: 30.06.2000
The body which has imposed the sanction: RF CMFO
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 23000
Sanction implementation status: executed

Sanction imposing date: 30.06.2000
The body which has imposed the sanction: ФЗН the Russian Federation
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 9000
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 543838
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: fine
Size of sanction (Rub.): 2418
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: ФЗН the Russian Federation
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 14855
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF CMFO
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 21110
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF STI
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: fine
Size of sanction (Rub.): 27785
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF STI
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 2002733
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF SIF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: penalty fees
Size of sanction (Rub.): 37404
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF SIF
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: fine
Size of sanction (Rub.): 4382
Sanction implementation status: executed

Sanction imposing date: 30.09.2000
The body which has imposed the sanction: RF CMFO
The reasons of imposing: delayed payment of obligatory payments
Kind of sanction: fine
Size of sanction (Rub.): 34
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: RF SIF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 30472
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: ФЗН the Russian Federation
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 4350
Degree of execution of the sanction: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: RF CMFO
The reasons of imposing: desk audit
Kind of sanction: fine
Size of sanction (Rub.): 849
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: RF CMFO
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 94275
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: RF SIF
The reasons of imposing: desk audit
Kind of sanction: fine
Size of sanction (Rub.): 205
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 270887
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 3454895
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: RF SPF
The reasons of imposing: desk audit
Kind of sanction: fine
Size of sanction (Rub.):-488
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: ИМНС
The reasons of imposing: field audit
Kind of sanction: fine
Size of sanction (Rub.): 19830
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: ИМНС
The reasons of imposing: field audit
Kind of sanction: fine
Size of sanction (Rub.): 9020
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: ИМНС
The reasons of imposing: desk audit
Kind of sanction: fine
Size of sanction (Rub.): 371
Sanction implementation status: executed

Sanction imposing date: 30.12.2000
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 13189
Sanction implementation status: executed

Sanction imposing date: 30.03.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 946046
Sanction implementation status: executed

Sanction imposing date: 30.03.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: debts to the budget on income tax
Kind of sanction: fine
Size of sanction (Rub.): 1380
Sanction implementation status: executed

Sanction imposing date: 31.05.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 390662
Sanction implementation status: executed

Sanction imposing date: 30.06.2001
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 35421
Sanction implementation status: executed

Sanction imposing date: 30.06.2001
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 20056
Sanction implementation status: executed

Sanction imposing date: 30.06.2001
The body which has imposed the sanction: FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 3622
Sanction implementation status: executed

Sanction imposing date: 30.06.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: infringement of terms of delivery of settlements (declarations)
Kind of sanction: fine
Size of sanction (Rub.): 66797
Sanction implementation status: executed

Sanction imposing date: 30.06.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 1731365
Sanction implementation status: executed

Sanction imposing date: 30.06.2001
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 4422
Sanction implementation status: executed

Sanction imposing date: 30.09.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 2031679
Sanction implementation status: executed

Sanction imposing date: 30.09.2001
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 21279
Sanction implementation status: executed

Sanction imposing date: 30.09.2001
The body which has imposed the sanction: FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 5211
Sanction implementation status: executed

Sanction imposing date: 30.09.2001
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 202491
Sanction implementation status: executed

Sanction imposing date: 30.09.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: infringement of terms of delivery of settlements (declarations)
Size of sanction (Rub.):
Size of sanction (Rub.): 303477
Sanction implementation status: executed

Sanction imposing date: 30.09.2001
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 91844
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 97858
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: fine
Size of sanction (Rub.): 1276
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 31963
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: FL
The reasons of imposing: delayed payment (desk audit)
Kind of sanction: penalty fees
Size of sanction (Rub.): 9650
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 228113
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 9375682
Sanction implementation status: executed

Sanction imposing date: 31.12.2001
The body which has imposed the sanction: ИМНС
The reasons of imposing: infringement of delivery of settlements (declarations)
Kind of sanction: fine
Size of sanction (Rub.): 412229
Sanction implementation status: executed

Sanction imposing date: 31.03.2002
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 47648
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 685846
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: ИМНС
The reasons of imposing: infringement of terms of delivery of settlements (declarations)
Kind of sanction: fine
Size of sanction (Rub.): 96164
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: ИМНС
The reasons of imposing: infringement of terms of delivery of settlements (declarations)
Kind of sanction: fine
Size of sanction (Rub.): 1897400
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed
Kind of sanction: penalty fees
Size of sanction (Rub.): 53945
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 51250
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: fine
Size of sanction (Rub.): 49851
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub.): 15950
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 31257
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 6890
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub.): 4397
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub).: 2100
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction:  FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 154
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 2770
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FL
The reasons of imposing: infringement of terms of payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 840
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 21397
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 1530
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: FMC
The reasons of imposing: delayed performance of settlement
Kind of the sanction: the fine
Size of sanction (Rub.): 930
Sanction implementation status: executed

sanction imposing date: 30.09.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub).: 42857
Sanction implementation status: executed

Sanction imposing date: 30.09.2002
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 5135600
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 42857
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: ИМНС
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 9192999
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: RF MoT
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 5135600
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: RF MoT
The reasons of imposing: infringement of terms of delivery of settlements (declarations)
Kind of the sanction: the fine
Size of sanction (Rub.): 96164
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: RF MoT
The reasons of imposing: infringement of terms of delivery of settlements (declarations)
Kind of the sanction: the fine
Size of sanction (Rub.): 5472017
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 699281
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 51250
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub.): 49851
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: PF
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub.): 15950
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 11600
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 6890
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 11600
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub.): 4397
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FSI
The reasons of imposing: delayed payment
Kind of the sanction: the fine
Size of sanction (Rub).: 2100
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction:  FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 154
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 2770
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FL
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 840
Sanction implementation status: not executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 21397
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FMC
The reasons of imposing: delayed payment
Kind of sanction: penalty fees
Size of sanction (Rub.): 1530
Sanction implementation status: executed

Sanction imposing date: 31.12.2002
The body which has imposed the sanction: FMC
The reasons of imposing: an extra fee to payment sum
Kind of the sanction: the fine
Size of sanction (Rub.): 930
Sanction implementation status:  executed

The description of essence of all litigations proceeding or ended in accounting quarter which can affect activity of the issuer essentially:
Litigations which can affect essentially activity of the issuer, in accounting quarter - none.
Description of the reasons for checks of the issuer held by the state bodies (proceeding or ended in accounting quarter) and of auditor checks of the issuer held on demand of his participants (stockholders):
In accounting quarter, the auditor check of the issuer's accounting for 2002, held by auditor firm "Ernest and Young Vneshaudit" is finished. The auditor's statement is in preparation.
42. Essential facts (events, actions) in accounting quarter.
Date of occurrence of the fact (event, action): 1.01.2003
Code: 1100137A01012003

The charged and paid incomes under securities of the issuer.

Kind of securities, category (type) of shares on which incomes are charged and paid:
       preferred type A shares with face value of 5 rubles,
       ordinary shares with face value of 5 rubles.
Date of adoption of the resolution on payment of annual dividends under shares by the issuer:
       28.06.2002, minutes № 10 of the annual general meetings of stockholders. 
Termination date of share dividend payment:
        Till 31.12.2002.
Size of dividend paid per share of the specified category (type):
        0,96 rubles per preferred type A share,
        0,32 rubles per ordinary share.
Total amount of shares of one category (type) on which incomes are charged:
        29160300 preferred type A shares
        87502483 ordinary shares
Amount of shares of one category (type) on which incomes are paid:
        10806293 preferred type A shares,
        47694420 ordinary shares
The form of payment of the charged incomes under securities:
        The dividend payment was made in money terms.

Date of occurrence of the fact (event, action): 15.01.2003
Code: 1500137A15012003

Record dates.

Date of adoption by the issuer of the resolution on date on which the list of owners of securities is made:
			 January 15, 2003 - the resolution of the board of directors, minutes № 20

Date on which the list of the persons having the right of participation in the joint (extraordinary) general meeting of stockholders is made:
			 January 24, 2003. 

Date of occurrence of the fact (event, action): 18.01.2003
Code: 1300137A18012003

The resolutions adopted by the board of directors (supervisory council).

Date of session of the board of directors - 15.01.2003.
 9 persons are elected to the board of directors.
 6 persons took part in voting.

 The questions put on voting, results of voting on them, full formulations of the resolutions adopted at the session of the board of directors:

X. 	 About convocation of the joint (extraordinary) general meeting of stockholders of OJSC " VolgaTelecom ".
                Upon consideration of submitted material, the board of directors decided:
1. 	 To call the joint (extraordinary) general meeting of stockholders of OJSC " VolgaTelecom " " in form of a joint presence. 
2. 	 The joint (extraordinary) general meeting of stockholders shall be held on March 26, 2003 at the following address: Nizhniy Novgorod, M.Gorky sq., Post House.
3. 	 To define time of the beginning of the assembly - 10:00 (local time).
4. 	 To define time of the beginning of registration of stockholders - 8:00 (local time) 26.03.2003
5. 	 To define January 24, 2003 18:00 (local time) as the date of drawing up the list of stockholders for participation in the extraordinary general meeting of stockholders.
6. 	 To define the mail address to which the filled ballots shall be sumitted - 107078, Moscow, Kalanchevskaya str., 15а, p.o.b.  45.
  Voting: For - 6; Against - none; "Abstained" - none.

XI. The approval of the agenda of the joint (extraordinary) general meeting of stockholders.
                Upon consideration of submitted material, the board of directors decided:
To approve the following agenda of the joint (extraordinary) general meeting of stockholders of the Society:
1. 	 The early termination of powers of the General director of the Society, appointment of the General director of the Society and definition of term of his powers. 
2. 	 The preschedule termination of powers of members of the board of directors of the Society and election of the Board of directors of the Society.
3. 	 The early termination of powers of members of the audit committee of the Society and election of the audit committee of the Society.  
4. 	 The approval of the Charter of the Society in a new wording.
5. 	 The approval of Regulations about the procedure of the general meeting of stockholders of open joint-stock company " VolgaTelecom " in a new wording.  
6. 	 The approval of Regulations about the Board of directors of OJSC " VolgaTelecom " in a new wording.
7. 	 The approval of Regulations about Management board of OJSC " VolgaTelecom " in a new wording. 
8. 	 The approval of Regulations about of the Audit committee of OJSC " VolgaTelecom " in a new wording. 
9. 	 Definition of the size of remuneration to members of the board of directors of the Society.
Voting: For - 6; Against - none; Abstain - none;
XIII. The approval of the list of information (materials) given to stockholders during preparation of the joint (extraordinary) general meeting of stockholders of the Society, and about the procedure of granting.
          Upon consideration of submitted material, the board of directors decided:
1. To approve the following list of information subject to granting to stockholders during preparation of the joint (extraordinary) general meeting of stockholders:
- 	 The project of the Charter of the Society in a new wording;
- 	 The project of Regulations about the procedure of the general meeting of stockholders of the Society in a new wording;
- 	 The project of Regulations about the Board of directors of the Society in a new wording;
- 	 The project of Regulations about Management board of the Society in a new wording;
- 	 The project of Regulations about of the Audit committee of the Society in a new wording;
- 	 Information on the candidate for the post of the General director of the Society;
- 	 Information on candidates in members of the Board of directors of the Society;
- 	 Information on candidates for the Audit committee of the Society;
- 	 The information on availability or absence of the written approval of candidates to stand for control and management bodies of the Society, and for the post of the general director of the Society;
- 	 Projects of resolutions on issues of the agenda of the general meeting of stockholders.
2. 	 Since March 5, 2003, the persons having the right of participation in the joint (extraordinary) general meeting of stockholders can receive the information (materials) according to the authorized List at the following addresses: 
Nizhniy Novgorod,  M.Gorky sq., Post House,
Kirov, Drelevsky street, 43/1,
Yoshkar Ola, Sovetskaya street, 138,
Saransk, Bolshevistskaya street, 13, 
Orenburg, Volodarsky street, 11,
Penza, Kuprin street, 1/3,
Samara, Krasnoarmeyskaya street, 17, 
Saratov, Kiselyov street, 40,
Ulyanovsk, L.Tolstoy street, 60,
Izhevsk, Pushkinskaya street, 278,
Cheboksary, Lenin pr., 2,
 And also on the web-site of the Society in the Internet at the following address: www.sviazinform.nnov.ru.
Voting: For - 6; Against - none; Abstain - none;

XIV. Definition of the procedure of advising about the joint (extraordinary) general meeting of stockholders. The approval of the text of the advice about the general meeting of stockholders.
                Upon consideration of submitted material, the board of directors decided:
1. 	 To publish the advice about the joint (extraordinary) general meeting of stockholders of the Society in newspapers " Nizhegorodskiye Novosti " and "Rossiyskaya Gazeta" prior to February 3, 2003.  
2. 	 The persons specified in the list of persons having the right of participation in the joint (extraordinary) general meeting of stockholders shall receive the advice about the joint (extraordinary) general meeting of stockholders by certified mail prior to February 3, 2003.  
3. 	 To approve the text of the notice about the joint (extraordinary) general meeting of stockholders taking into account relevate remarks.
    Voting: For - 6; Against - none; Abstain - none;

Date of occurrence of the fact (event, action): 29.01.2003
Code: 0300137A29012003

Changes in the list of owners (stockholders) of the Issuer.

The long title of the legal person, whose share of participation (equity share) changed:
"ING BANK (EURASIA) ZAO" (CLOSED JOINT-STOCK COMPANY) (nominal holder)

Location and mail address of the legal person:
	 The Russian Federation, Moscow, Krasnaya Presnya str., 31
 	 123022, the Russian Federation, Moscow, Krasnaya Presnya str., 31
	
Equity stake in charter capital of the Issuer before and after the change:
	 14,6936 % - before change,
	 15,1067 % - after change.

Date from which there were changes of participation share in the charter capital (equity share) of the Issuer:
	 29.01.2003.

Date of occurrence of the fact (event, action): 6.03.2003
Code: 0400137A06032003

Changes in the list of legal persons in which the issuer owns a share of participation.

Long title of the legal person, share of participation in the charter capital (equity stock) which, belonging to the issuer, changed:
Closed joint-stock company " Nizhniy Novgorod cellular communication "

Location and mail address of the legal person:
	 The Russian Federation, 603000, Nizhniy Novgorod, M.Gorky sq., Post House
         The Russian Federation, 603000, Nizhniy Novgorod, M.Gorky sq., Post House
 	
Share of the issuer in the charter capital (equity stake) of legal person before its change:
	 50 % - before change,
         100 % - after change.

Date from which there was a change of equity stake in the charter capital:
	 06.03.2003.

Date of occurrence of the fact (event, action): 17.03.2003
Code: 0300137A17032003

Changes in the list of owners (stockholders) of the Issuer.

The long title of the legal person, whose share of participation (equity share) changed:
Closed joint-stock company " Depository clearing company " (nominal holder)

Location and mail address of the legal person:
	 125047, Moscow, 1-st Tverskaya-Yamskaya str., 13
 	 103064, Moscow, Staraya Basmannaya str., 14/2, suite 4
	
Equity stake in charter capital of the Issuer before and after the change:
	 9,9977 % - before change,
	 10,0262 % - after change.

Date from which there were changes of participation share in the charter capital (equity share) of the Issuer:
	 17.03.2003.

Date of occurrence of the fact (event, action): 18.03.2003
Code: 0200137A18032003

Changes of the size of participation in the charter capital (of the size of equity stake of the issuer), his affiliated and dependent societies, the persons who are included in management bodies of the issuer.

Surname, name, patronymic and post of the person:
                Tolstonogov Nikolay Ivanovich - member of Management board of OJSC " VolgaTelecom "

Equity stake in charter capital (equity share) of the Issuer before and after the change:
                 0,06950 % - before change;
                 0, 06737 % - after change

Date of change of equity stake in charter capital (equity share) of the issuer:
                 18.03.2003.

Date of occurrence of the fact (event, action): 26.03.2003
Code: 0100137A26032003

Changes in the list of persons included in management bodies of the issuer.

Management body of the issuer in which there were changes:
The board of directors (supervisory council).

Surname, name, patronymic of the person elected to management body of the issuer, the board of directors, with indication of participation share in the charter capital of the issuer:
Bobin Maxim Viktorovich. Participation share in the CC - none. 
Grigorieva Alla Borisovna. Participation share in the CC - 0,0006 %.
Dudchenko Vladimir Vladimirovich. Participation share in the CC - none.
Zabuzova Elena Viktorovna. Participation share in the CC - none.
Kozin Vladimir Vladimirovich. Participation share in the CC - none.
Lyulin Vladimir Fedorovich. Participation share in the CC - 0,1859 %.
Romsky George Alekseyevich. Participation share in the CC - none.
Savchenko Victor Dmitrievich. Participation share in the CC - none.
Fedorov Oleg Romanovich. Participation share in the CC - none.
Chernogorodsky Sergey Valerievich. Participation share in the CC - none.
Yurchenko Eugeny Valerievich. Participation share in the CC - none.

The surname, name, patronymic of the person, whose powers are terminated, with the indication of participation share in the charter capital of the issuer:
Bakhaev Mikhail Anatolievich. Participation share in the CC - 0,12141 %. 
Volkov Vladimir Nikolayevich. Participation share in the CC - 0,00588 %.
Grigorieva Lyubov Ivanovna. Participation share in the CC - 0,01192 %.
Degtyaryov Vadim Sergeyevich. Participation share in the CC - none.
Zabolotny Igor Viktorovich. Participation share in the CC - none.
Lopatin Alexander Vladimirovich. Participation share in the CC - none.
Osipchuk Anton Igorevich. Participation share in the CC - none.
 
Date from which there were specified changes:
26.03.2003г. 

The authorized body of the issuer which has adopted the resolution, which is the basis of the specified changes, and date of its approval:
The joint (extraordinary) general meeting of stockholders, minutes № 2 
26.03.2003г.

Date of occurrence of the fact (event, action): 27.02.2003
Code: 1200137A27022003

Resolutions of the extraordinary general meeting of stockholders of the issuer are enclosed in the attached minutes №1 of the extraordinary general meeting.

Date of occurrence of the fact (event, action): 27.03.2003
Code: 1200137A27032003

Resolutions of the joint (extraordinary) general meeting of stockholders of the issuer are enclosed in the attached minutes №2 of the extraordinary general meeting.

Date of occurrence of the fact (event, action): 10.01.2003
Code: 0800137A10012003

Size of assets of the issuer on the closing date of quarter III, 2002:
                                                                     3549869 thousand rubles.                                                                   

Change of size of assets of the issuer in absolute and percentage terms in quarter IV, 2002 in comparison with quarter III, 2002 makes:
                                                                     12082660 thousand rubles.
                                                                     340,4 %
Change of size of assets occurred as result of reorganization of the issuer in form of affiliation of 10 regional companies.

Date of occurrence of the fact (event, action): 10.01.2003
Code: 0900137A10012003

Value of the balance sheet profit of the issuer on the closing date of quarter III, 2002:
                                                                     150710 thousand rubles.                                                                   

Change of the balance sheet profit of the issuer in absolute and percentage terms in quarter IV, 2002 in comparison with quarter III, 2002 makes:
                                                                     402227 thousand rubles.
                                                                     266,9 %
The increase of the balance sheet profit occurred as result of reorganization of the issuer in form of affiliation of 10 regional companies.

43. Information on reorganization of the issuer, its affiliated and dependent societies.
The issuer, its affiliated and dependent organizations were not reorganized in the accounting quarter.
44. The additional essential general information on the issuer.
The general director of OJSC " VolgaTelecom " Lyulin Vladimir Fedorovich started discharging the duties of director of the Nizhniy Novgorod branch of OJSC " VolgaTelecom " by way of an internal part time employment from 20.11.2002 according to order № 88 K, item 1 dated 20.11.2002.

Other additional essential information on the issuer: n/a.
B. Data on financial and economic activity of the issuer
45. The annual accounting for the last three fiscal years.
See. Supplement.
46. The accounting statements of the issuer for the accounting quarter.
See. Supplement.
47. The facts which have entailed increase or decrease of size of assets of the issuer of more than 10 percent in the accounting quarter.
n/a

Size of assets of the issuer on the closing date of the quarter prior to the accounting quarter: 15632529000 rubles.
Size of assets of the issuer on the closing date of the accounting quarter: 16984928000 rubles.
The facts which have entailed increase or decrease of size of assets of the issuer of more than 10 percent in quarter IV of the prior year.
Date of occurrence of the fact (facts): 10.01.2003
Description: Size of assets of the issuer on the closing date of quarter III, 2002:
                                                                     3549869 thousand rubles.                                                                   

Change of size of assets of the issuer in percentage terms in quarter IV, 2002 in comparison with quarter III, 2002 makes:
                                                                     340,4 %
Change of size of assets occurred as result of reorganization of the issuer in form of affiliation of 10 regional companies.

Absolute change of size of assets on the closing date of quarter IV of the prior year in comparison with size of assets of the issuer on the closing date of quarter III of the prior year: 12082660000 rubles.

Size of assets of the issuer on the closing date of quarter III of the prior year: 3549869000 roubles.
Size of assets of the issuer on the closing date of quarter IV of the prior year: 15632529000 rubles.
48. The facts which have entailed increase of the profit (losses) of the issuer in the accounting quarter of more than 20 percent compared with the prior quarter.
n/a

Value of the profit (losses) of the issuer in the quarter prior to the accounting quarter: 552937000 rubles.
Value of the profit (losses) of the issuer in the accounting quarter: 630524000 rubles.
The facts which have entailed increase of the profit (losses) of the issuer in quarter IV of the prior year of more than 20 percent in comparison with quarter III of the prior year.
Date of occurrence of the fact (facts): 10.01.2003
The description: Value of the balance sheet profit of the issuer on the closing date of quarter III, 2002:
                                                                     150710 thousand rubles.                                                                   

Change of the balance sheet profit of the issuer in percentage terms in quarter IV, 2002 in comparison with quarter III, 2002 makes:
                                                                                                                                          
                                                                     266,9 %
The increase of the balance sheet profit resulted from reorganization of the issuer in form of affiliation of 10 regional companies.

Absolute change of the profit (losses) in quarter IV of the prior year compared to profit (loss) of the issuer in quarter III of the prior year: 402227000 rubles.

Value of the profit (losses) of the issuer III in quarter of the prior year: 150710000 rubles.
Value of the profit (losses) of the issuer in quarter IV of the prior year: 552937000 rubles.
49. Information on formation and use of reserve and other special funds of the issuer.
See supplement..
50. Transactions of the issuer in the accounting quarter the size of which makes 10 percent or more from the assets of the issuer on the end of the quarter prior to the accounting quarter.
n/a
51. Information on assignment of funds raised by the issuer as a result of placement of issued securities.
51.1 The state regitration number of issue: 4 - 43 - 00137 - A
Date of the state registration of issue: 24.01.2003
Total sum (cost) of funds expended for payment of securities by the date of the accounting quarter end: 1000000000 rubles.
Sum (cost) of the funds used in the accounting quarter for each of the basic directions:
Information and consulting services - 10015000 rubles.
Commission of the stock exchange "Moscow Interbank Stock Exchange" - 200000 rubles.
Financial aid to branches of the issuer - 319060000 rubles.
Purchase of shares of CJSC " NCC " - 630799000 rubles.
Total sum (cost) of funds used in the accounting quarter: 960074000 roubles.
52. Borrowed funds received by the issuer and his affiliated societies in the accounting quarter.
Information on size of the borrowed funds, received by the issuer on the end of accounting quarter:

Index
	Beginning of year balance (Rub.)	Received (Rub.)
	Repaid (Rub.)	accounting quarter end balance (Rub.)	
Long-term bank credits	227 573 000	3 532 000	20 012 000	211 093 000	
Including outstanding 					
Other long-term loans	159 084 000	1 004 358 000	51 053 000	1 112 389 000	
Including outstanding 					
Short-term bank credits	781 102 000	308 635 000	504 292 000	585 445 000	
Including outstanding 					
Bank credits for employees					
Including outstanding 					
Other short-term loans	146 364 000	59 613 000	7 795 000	198 182 000	
Including outstanding 	63 858 000				

Information on size of the borrowed funds, received by the issuer and its affiliated societies for the last year:

Index	Beginning of year balance(Rub.)	Received (Rub.)	Repaid (Rub.)	Report quarter end balance(Rub.)	
Long-term bank credits	48 629 000	328 919 000	149 975 000	227 573 000	
Including outstanding 					
including:					
Other long-term loans	209 969 000	48 410 000	99 295 000	159 084 000	
Including outstanding 					
including:					
Short-term bank credits	439 342 000	1 573 752 000	1 231 992 000	781 102 000	
Including outstanding 					
including:					
Bank credits for employees					
Including outstanding 					
including:					
Other short-term loans	210 057 000	129 404 000	193 097 000	146 364 000	
Including outstanding 	40 155 000	23 703 000		63 858 000	
including:					

53. Receivables, payables of the issuer and of affiliated societies for the accounting quarter.
Information on size of rerceivables, payables of the issuer by the end of the accounting quarter:

Index	Beginning of year balance(Rub.)	Received (Rub.)	Repaid (Rub.)	Report quarter end balance(Rub.)	
Long-term bank credits	48 629 000	328 919 000	149 975 000	227 573 000	
Including outstanding 					
including:					
Other long-term loans	209 969 000	48 410 000	99 295 000	159 084 000	
Including outstanding 					
including:					
Short-term bank credits	439 342 000	1 573 752 000	1 231 992 000	781 102 000	
Including outstanding 					
including:					
Bank credits for employees					
Including outstanding 					
including:					
Other short-term loans	210 057 000	129 404 000	193 097 000	146 364 000	
Including outstanding 	40 155 000	23 703 000		63 858 000	
including:					

Information on size of receivables and payables of the issuer and of affiliated societies by the end of the prior year:

Index	Beginning of year balance(Rub.)	Received (Rub.)	Repaid (Rub.)	Report quarter end balance(Rub.)	
1) Receivables:					
short-term	1 185 300 000	30 257 887 000	30 083 341 000	1 359 846 000	
including overdue	530 488 000	8 775 417 000	8 770 772 000	535 133 000	
including: over 3 months	328 349 000	4 786 166 000	4 794 120 000	320 395 000	
including:					
long-term	13 672 000	35 062 000	25 076 000	23 658 000	
including overdue					
including: over 3 months					
including:					
2) Payables:					
short-term	1 203 773 000	32 385 032 000	31 551 054 000	2 037 751 000	
including overdue	122 806 000	6 103 550 000	5 993 137 000	233 219 000	
including: over 3 months	84 905 000	3 710 668 000	3 689 960 000	105 613 000	
including:					
long-term	327 453 000	1 105 053 000	921 875 000	510 631 000	
including overdue					
including: over 3 months					
including:					
Debt security:					
received	18 242 000	1 758 000	20 000 000		
including from the third party	1 742 000	1 758 000	3 500 000		
including:					
given	1 209 550 000	1 797 671 000	1 103 796 000	1 903 425 000	
including: to the third party	88 311 000	380 907 000	150 546 000	318 672 000	
including:					
3) Bills movement:					
Bills given	496 000	12 410 000	596 000	12 310 000	
including overdue 					
including:					
Bills  received	3 936 000	10 194 000	12 464 000	1 666 000	
including overdue 	115 000			115 000	
including:					

54. Financial investments of the issuer.
Information on financial investments of the issuer on the end of the accounting quarter:

Index	Investment size by the end of accounting quarter (Rub.)	
	short-term
(up to 1 year)	long-term
(over 1 year)	total	
Investments in the state securities of the Russian Federation				
Investments in the state securities of subjects of the Russian Federation				
Investments in local government securities				
Investments in stock, shares, equity of other organizations	-	55 700 000	55 700 000	
Investments in bonds and other liabilities	-	11 524 936	11 524 936	
Other given loans	13 233 325	-	13 233 325	
Investment into affiliated societies of the issuer	-	641 713 000	641 713 000	
Investment into dependent societies of the issuer	-	33 180 000	33 180 000	
	
Financial investments in the organization which are liquidated folling the procedure established by the legislation of the Russian Federation	
Organization name	Liquidation date	Liquidating authority	Size of investments 
(Rub.)	
Total			-	
	
Financial investments in organizations recognized bankrupt following the procedure established by the legislation of the Russian Federation	
Organization name	Liquidation date	Liquidation authority	Investment size (Rub.)	
Total			-	
	
Size of assets of the issuer on the closing date of the accounting quarter (Rub.)		
	
Financial investments in organizations which make 10 percent and more from assets of the issuer on the closing date of the accounting quarter	
Organization name	Investment size (Rub.)	Share in assets
	
Total	-		

Information on financial investments of the issuer and of affiliated societies on the end of the prior year:
Index	Investment size by the end of the accounting quarter (Rub.)	
	short-term
(up to 1 year)	long-term
(over 1 year)	total	
Investments in the state securities of the Russian Federation				
Investments in the state securities of subjects of the Russian Federation				
Investments in local government securities				
Investments in stock, shares, equity of other organizations	-	55 700 000	55 700 000	
Investments in bonds and other liabilities	-	11 526 000	11 526 000	
Other given loans	1 935 000	-	1 935 000	
				
Investment into affiliated societies of the issuer	-	2 138 000	2 138 000	
Investment into dependent societies of the issuer	-	33 180 000	33 180 000	
	
Financial investments in the organization which are liquidated folling the procedure established by the legislation of the Russian Federation	
Organization name	Liquidation date	Liquidation authority	Investment size (Rub.)	
Total			-	
	
Financial investments in organizations recognized bankrupt following the procedure established by the legislation of the Russian Federation	
Organization name	Liquidation date	Liquidation authority	Investment size (Rub.)	
Total			-	
	
Size of assets of the issuer on the closing date of the accounting quarter (Rub.)		
	
Financial investments in organizations which make 10 percent and more from assets of the issuer on the closing date of the accounting quarter	
Organization name	Investment size (Rub.)	Share in assets	
Total	-		

55. Other essential information on financial and economic activity of the issuer
Other essential information on financial and economic activity of the issuer, n/a.
C. The data on securities of the issuer
56. Information on shares of the issuer.
Issue serial number: 1
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 500 

Amount of securities of the issue: 567830
Total amount of the issue: 283915000

Information on the state registration of the issue: 
Registration date: 28.12.1993
Regitration number: 32-1П-755
The state registration body: Financial bodies

Way of placement: according to the plan of privatization
Period of placement: c 24.01.1994 till 10.11.1994

Current status of the issue: all securities of the issue are extinguished (cancelled)
Amount of actually placed securities according to the registered report on results of the issue: 567830

Information on the state registration of the report on results of the issue: 
Registration date: 7.05.1996
The state registration body: Financial bodies

Restrictions in circulation of securities of the issue (if available): 
Do not circulate in the secondary market as they were cancelled

Market information on securities of the issue: 
There are no such markets, as all securities of the specified issue have been cancelled.

Additional essential information on securities of the issue: 
All securities of the first issue have been cancelled in connection with registration of securities of the second issue by the Resolution of Department of finance of Administration of the Nizhniy Novgorod Region № 05-14 from 30.09.96 according to item 4.1 of the letter of the Ministry of Finance of the Russian Federation from 20.09.96.

Issue serial number: 1
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 500 

Amount of securities of the issue: 194462
Total amount of the issue: 97231000

Information on the state registration of the issue: 
Registration date: 28.12.1993
Regitration number: 32-1П-755
The state registration body: Financial bodies

Way of placement: according to the plan of privatization
Period of placement: c 24.01.1994 till 10.11.1994

Current status of the issue: all securities of the issue are extinguished (cancelled)
Amount of actually placed securities according to the registered report on results of the issue: 194462

Information on the state registration of the report on results of the issue: 
Registration date: 7.05.1996
The state registration body: Financial bodies

Restrictions in circulation of securities of the issue (if available): 
Do not circulate in secondary market as they have been cancelled.

Market information on securities of the issue: 
There are no such markets, as all securities of the specified issue have been cancelled.

Additional essential information on securities of the issue: 
The information is not given, as all papers of the specified issue have been cancelled in connection with registration 30.09.1996 second equity issues of the issuer (the Notice of Department of the finance of Administration of the Nizhniy Novgorod Region from 30.09.1996, № 05-14)

Issue serial number: 1
Category: preferred
Share type 
Security form: nominal paperless
Face value of one valuable paper of the issue: 500 

Amount of securities of the issue: 15558
Total amount of the issue: 7779000

Information on the state registration of the issue: 
Registration date: 28.12.1993
Regitration number: 32-1П-755
The state registration body: Financial bodies

Way of placement: according to the plan of privatization
Period of placement: 24.01.1994 - 10.11.1994

Current status of the issue: all securities of the issue are extinguished (cancelled)
Amount of actually placed securities according to the registered report on results of the issue: 15558

Information on the state registration of the report on results of the issue: 
Registration date: 7.05.1996
The state registration body: Financial bodies

Restrictions in circulation of securities of the issue (if available): 
Do not circulate in secondary market as they have been cancelled.

Market information on securities of the issue: 
There are no such markets, as all securities of the specified issue have been cancelled.

Additional essential information on securities of the issue: 
All type B preferred shares were automatically converted into common stocks. All papers of the specified issue have been cancelled in connection with registration 30.09.96 second equity issues of the issuer (the Notice of Department of the finance of Administration of the Nizhniy Novgorod Region from 30.09.1996, № 05-14).

Issue serial number: 2
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 87508200
Total amount of the issue: 437541000

Information on the state registration of the issue: 
Registration date: 30.09.1996
Regitration number: 32-1-1375
The state registration body: Financial bodies

Way of placement: distribution among stockholders
Period of placement: 15.10.1996 - 15.10.1996

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 87508200

Information on the state registration of the report on results of the issue: 
Registration date: 12.11.1996
The state registration body: Financial bodies

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue.

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
3.11.1997 Common stock of the issuer represented by non-sponsored level 1 ADRs are issued. One ADR represents 2 shares. The circulation of the ADR occurs in OTC trading platform the USA, Berlin and Frankfurt stock exchanges. On 01.04.2003 7490140 ADRs are issued. 

Issue serial number: 2
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 29169300
Total amount of the issue: 145846500

Information on the state registration of the issue: 
Registration date: 30.09.1996
Regitration number: 32-1-1375
The state registration body: Financial bodies

Way of placement: distribution among stockholders
Period of placement: 15.10.1996 - 15.10.1996

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 29169300

Information on the state registration of the report on results of the issue: 
Registration date: 12.11.1996
The state registration body: Financial bodies

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue.

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
Other essential information: n/a.

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 49211916
Total amount of the issue: 246059580

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-03-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 49211737

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 16403972
Total amount of the issue: 82019860

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-03-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 16403965

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 20832842
Total amount of the issue: 104164210

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-04-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 20832688

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 6944233
Total amount of the issue: 34721165

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-04-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 6944148

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 25767122
Total amount of the issue: 128835610

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-05-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 25767099

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 8589041
Total amount of the issue: 42945205

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-05-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 8589006

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 21693769
Total amount of the issue: 108468845

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-06-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 21693209

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 7231256
Total amount of the issue: 36156280

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-06-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 7231086

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 12399418
Total amount of the issue: 61997090

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-07-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 12399351

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 4133139
Total amount of the issue: 20665695

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-07-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 4132855

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 6120651
Total amount of the issue: 30603255

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-08-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 6120471

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of issued securities

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 2040199
Total amount of the issue: 10200995

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-08-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 2040099

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 4739945
Total amount of the issue: 23699725

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-09-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 4732377

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 1579954
Total amount of the issue: 7899770

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-09-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 1578028

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 4601340
Total amount of the issue: 23006700

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-10-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 4599590

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 1533780
Total amount of the issue: 7668900

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-10-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 1533404

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " STOCK EXCHANGE of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 5905300
Total amount of the issue: 29526500

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-11-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 5903505

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 1968433
Total amount of the issue: 9842165

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-11-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 1968213

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: ordinary
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 7207115
Total amount of the issue: 36035575

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 1-12-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 7207080

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a

Issue serial number: 3
Category: preferred
Share type: A 
Security form: nominal paperless
Face value of one valuable paper of the issue: 5 

Amount of securities of the issue: 2402370
Total amount of the issue: 12011850

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 2-12-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 2402300

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
There are no restrictions in circulation of securities of the issue

Market information on securities of the issue: 
NP " Stock exchange of RTS "

Additional essential information on securities of the issue: 
N/a
57. Information on bonds of the issuer.
Issue serial number: 1
Series: 1-0
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-01-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 4

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue: 

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
Of reception of interest;
On reception  of face value of the bond from the issuer at the liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  24.01.2001 - 24.01.2003
Conditions and the procedure of repayment: Repayment of the bond is carried out at technical availabity in form of a property equivalent, namely: granting of extraordinary access to a telephone network by way of the conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Access to a telephone network is granted to the owner of the bond duly registered hereunder in his residence or being the owner of premises to the address, specified in the application for purchase of the bond.
Access to a telephone network is granted to the owner of the bond acquired in a secondary market, at availability of a technical feasability.
For repayment of the bond, the owner of the bond submits the application, shows the notice of a telephone exchange on availability of a technical feasibility of granting access to a telephone network. The conclusion of the contract about telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical feasibility of access to a telephone network or at refusal of the owner of the bond of reception of access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
The opportunity of preschedule repayment is not provided
Security under bonds of the issue:
Security is not provided.

The income under bonds of the issue, paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 2
Series: 2-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 498
Total amount of the issue: 1245000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-02-0137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 21

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue: 

Income from bonds of the issue: 
  In percentage of face value: Interest payments under the bond are charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds by the issuer till the date of submission of the application for repayment of the bond at a rate of 1 % annually from face value of bonds.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or reception of a sum of money in the size of face value of the bond;
On reception of interest;
Of reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  24.01.2001 - 24.01.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability  in form of property equivalent, namely: granting extraordinary access to a telephone network upon conclusion of the contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or being the owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at availability of technical availability.
For repayment of the bond the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract for telecommunication services is made within 30 days from the date of submission of the application.
At absence of a technical availability of access to a telephone network or at refusal of the owner of the bond of reception of access to a telephone network under application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
The opportunity of preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

The income under bonds of the issue, paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 3
series: 3-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-03-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 6

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue: 

Income from bonds of the issue: 
  In percentage of face value: Interest payments under the bond are charged under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer till the date of submission of the application for repayment of the bond at a rate of 1 % annually from face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in the size of face value of the bond;
Of reception of interest;
to reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  24.01.2001 - 24.01.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability  in form of a property equivalent, namely: granting extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Access to a telephone network is granted to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Access to a telephone network is granted to the owner of the bond acquired in a secondary market at technical availability.
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of a contract for telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond of reception of access to a telephone network under an application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
The opportunity of preschedule repayment is not provided
Coverage under bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 4
series: 4-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 236
Total amount of the issue: 590000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-04-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized invalid
Date of an adoption of a decision on a recognition of the issue void and null: 24.01.2003
The body which adopted the resolution on a recognition of the issue void and null: Federal Commission on Securities of Russia
The bases of a recognition of the issue void and null: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Interest payments under the bond are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or reception of a sum of money in the size of face value of the bond;
reception of interest;
reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  24.01.2001 - 24.01.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability.
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
A preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

The income from bonds of the issue, paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of the issue of nominal paperless bonds of Series 4 - O with the state regitration number 4 - 04 - 00137 - O from 25.10.2002 is cancelled by the order of Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 5
series: 5-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-05-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue: 

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: 13.12.2001 - 24.01.2003
Conditions and the procedure of repayment: Repayment of the bond is carried out at technical availabity in form of a property equivalent, namely: extraordinary access to a telephone network upon conclusion of a contract for telecommunication services  with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of the issue of nominal paperless bonds of Series 5 - O with the state regitration number 4 - 05 - 00137 - A of 25.10.2002 by the order of Federal Commission on Securities of Russia № 03 - 100/r of 24.01.2003 is cancelled.

Issue serial number: 6
Series: 6-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-06-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  20.10.2001 - 24.01.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of issue of nominal paperless bonds of series 6 - O with the state regitration number 4 - 06 - 00137 - A of 25.10.2002 is cancelled by the order of Federal Commission on Securities of Russia № 03 - 100/R dated 24.01.2003.

Issue serial number: 7
Series: 7-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 120
Total amount of the issue: 300000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-07-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: c 27.11.2001 till 24.01.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of issue of nominal paperless bonds of series 7 - O with the state regitration number 4 - 07 - 00137 - A of 25.10.2002 is cancelled by the order of the Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 8
Series: 8-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 4000 Rub.

Amount of securities of the issue: 11
Total amount of the issue: 44000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-08-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  24.01.2001 - 24.01.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of issue of nominal paperless bonds of series 8 - O with the state regitration number 4 - 08 - 00137 - A of 25.10.2002 is cancelled by the order of the Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 9
Series: 9 -O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 321
Total amount of the issue: 802500

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-09-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 26

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: 06.11.2001 - 06.11.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 10
Series: 10-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 488
Total amount of the issue: 1220000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-10-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 297

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  06.11.2001 - 06.11.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 11
Series: 11-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 280
Total amount of the issue: 700000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-11-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 157

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  06.11.2001 - 06.11.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 144 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 12
Series: 12-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 334
Total amount of the issue: 835000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-12-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 44

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  06.11.2001 - 06.11.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 13
Series: 13-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-13-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  06.11.2001 - 06.11.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of issue of nominal paperless bonds of a series 13 - O with the state regitration number 4 - 13 - 00137 - A of 25.10.2002 is cancelled by the order of Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 14
Series: 14-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-14-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 1

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  06.11.2001 - 06.11.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 15
Series: 15-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 1250000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-15-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  04.09.2001 till 04.09.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of the issue of nominal paperless bonds of Series 15 - O with the state regitration number 4 - 15 - 00137 - A of 25.10.2002 is cancelled by the order of Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 16
Series: 16-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of the issue: 250
Total amount of the issue: 625000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-16-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  04.09.2001 - 04.09.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of the issue of nominal paperless bonds of Series 16 - O with the state regitration number 4 - 16 - 00137 - A of 25.10.2002 is cancelled by the order of Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 17
Series: 17-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 5000 Rub.

Amount of securities of the issue: 40
Total amount of the issue: 200000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-17-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 1

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment:  19.07.2001 - 19.07.2003
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 18
Series: 18-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 182
Total amount of the issue: 1092000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-18-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 74

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 19
Series: 19-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 70
Total amount of the issue: 420000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-19-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 11

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 52 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 20
Series: 20-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 405
Total amount of the issue: 2430000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-20-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 181

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment;
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 1144 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 21
Series: 21-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 288
Total amount of the issue: 1728000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-21-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 86

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 5441.34 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 22
Series: 22
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 417
Total amount of the issue: 2502000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 22
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 4

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2002
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 44.19 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 23
Series: 23-0
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 116
Total amount of the issue: 696000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-23-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. On 15/04/2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of issue of nominal paperless bonds of a series 23 - O with the state regitration number 4 - 23 - 00137 - A from 25.10.2002 is cancelled the order of Federal Commission on Securities of Russia № 03 - 100/р dated 24.01.2003.

Issue serial number: 24
Series: 24-O
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 500
Total amount of the issue: 3000000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-24-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 57

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
On extraordinary access to a telephone network or on reception of a sum of money at a rate of face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 364.38 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 25
Series: 25
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 6000 Rub.

Amount of securities of the issue: 180
Total amount of the issue: 1080000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-25-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 4

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2004
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 92.54 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 26
Series: 26
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 9000 Rub.

Amount of securities of the issue: 35
Total amount of the issue: 315000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-26-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: issue of securities is recognized void and null
Date of an adoption of a decision on a recognition of the issue cancelled: 24.01.2003
The body which adopted the resolution on a recognition of the issue cancelled: Federal Commission on Securities of Russia
Cancellation reason: Non-placement of valuable paper of the issue

Restrictions in circulation of securities of the issue (if available): 

Market information on securities of the issue: 

Cycle time of bonds of the issue:  

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights under bonds of the issue: the Owner of the bond has the right:
Of extraordinary access to a telephone network or of reception of a sum of money in size of the face value of the bond;
of interest payment; 
Reception of face value of the bond from the issuer at liquidation of the Society. Payment to owners of bonds is made by the liquidating commission in the sequence established by article 64 of the Civil Code of the Russian Federation according to intermediate liquidating balance.
The period of repayment: As the start date of repayment according to conditions of issue of the bonds convertible into the specified series of bonds, is the registration date of the report on results of issue, and the issue has not been completely placed, so registration of the results report was not made, the start date of repayment is the date of registration of the specified prospectus of issue. Till 15.04.2002
Conditions and procedure of repayment: Repayment of the bond is carried out at technical availability in form of a property equivalent, namely: Extraordinary access to a telephone network upon conclusion of a contract for telecommunication services with the owner of the bond. Access to a telephone network under bonds of the specified series is given only to physical persons. Additional payment for granting access to a telephone network it is not required.
Granting of access to a telephone network is made to the owner of the bond duly registered in his residence or owner of premises at the address, specified in the application for purchase of the bond.
Granting of access to a telephone network to the owner of the bond acquired in a secondary market, is carried out at technical availability .
For repayment of the bond, the owner of the bond submits an application, shows the notice of a telephone exchange on technical availability of access to a telephone network. The conclusion of the contract fore telecommunication services is made within 30 days from the date of submission of the application.
At absence of technical availability of access to a telephone network or at refusal of the owner of the bond to receive access to a telephone network under the application of the owner of the bond, repayment is carried out by payment of a sum of money in the size of face value of the bond.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: Rub.

  Other property equivalent: Rub.

  Other property rights and (or) other income: Rub.

Additional essential information on securities of the issue: 
The state registration of issue of nominal paperless bonds of a series 26 - O with the state regitration number 4 - 26 - 00137 - A from 25.10.2002 is cancelled by the order of Federal Commission on Securities of Russia № 03 - 100/r dated 24.01.2003.

Issue serial number: 27
Series: 1-C
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 100 Rub.

Amount of securities of the issue: 143890
Total amount of the issue: 14389000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-27-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 143440

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue: c till 7.06.2003

Income from bonds of the issue: 
  In percentage of face value: Intrest under the bond is charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer prior to date of submission of the application for repayment of the bond at a rate of 1 % annually from the face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights from bonds of issue: 1) on reception from the issuer of face value of the bond at its repayment in the procedure and the terms specified in the Prospectus of issue;
2) On reception from the issuer at repayment of the fixed accrued interest at the rate of 1 % annually from face value of the bond in the procedure and the terms specified in the Prospectus of issue;
3) On reception, at availability of a technical opportunity, of extraordinary access to a telephone network. A condition of extraordinary installation is purchase of 15 bonds. The owner of bonds pays access to a telephone network under the tariffs effective at the moment of granting the specified service. Granting extraordinary access to a telephone network is execution of the specified obligation certified by the bond. The procedure of definition of availability of technical opportunity of granting access to a telephone network, and also the procedure of the accounting of bonds on which the obligation of the issuer for granting extraordinary access to a telephone network is executed;
4) reception of face value of the bond from the issuer at liquidation of the Society in the sequence established by item 1 of an item of 64 of the Civil Code of the Russian Federation.

The period of repayment:  07.06.2003 - 07.06.2005
Conditions and  procedure of repayment: the Issuer makes payment of face value and a sum of the income from the bond in cash or by bank transfer on the basis of the application of the owner within 30 days from the date of submission of the application.
Periodicity of settlements with the owner of the bond: lumpsum.
The form of payment: cash, non-cash.

Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 28
Series: 2-C
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 3000 Rub.

Amount of securities of the issue: 6233
Total amount of the issue: 18699000

Information on the state registration of the issue: 
Registration date: 25.10.2002
Regitration number: 4-28-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: 30.11.2002 - 30.11.2002

Current status of the issue: placement is completed
Amount of actually placed securities according to the registered report on results of the issue: 6218

Information on the state registration of the report on results of the issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of the issue: c - 30.12.2009

Income from bonds of the issue: 
  In percentage of face value: Interest payments from the bond are calculated under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 7 % annually from face value of the bond.
  Other property equivalent of the bond (Rub.): not provided
  Other income and rights from bonds of issue: 1) reception of face value of the bond from the issuer at its repayment in the procedure and the terms mentioned below in the present Prospectus of issue;
2) reception of the fixed accrued interest from the issuer at repayment at the rate of 7 % annually from face value of the bond for all circulation time in the procedure and the terms mentioned below in the present Prospectus of the issue;
3) reception of extraordinary access to a telephone network at technical availability  of phone installation;
4) Reception of face value of the bond from the issuer at liquidation of the Society in the sequence established by item 1 of an item of 64 Civil Codes of the Russian Federation, namely:
- In the first place, requests of citizens before whom the liquidated Society bears obligations for causing harm to life and health are satisfied, by means of capitalization of corresponding time payments;
- In the second place, severance payment settlements and labor remuneration of persons working under a labour agreement (contract) and payment of compensations under author's contracts are made;
- In the third place, requests of creditors under obligations provided with pledge of property of the liquidated Society are satisfied; 
- In the fourth place, the debts on single payments to the budget and extrabudgetary funds are paid;
- In the fifth place, settlements with other creditors are made according to the law concerning owners of bonds.
Other rights stipulated by the legislation of the Russian Federation are not applicable.

The period of repayment:  30.12.2009 - 30.12.2010
Conditions and procedure of repayment: From the moment of repayment clame presented to the owner of the bond by the issuer during the period from 30.12.2009 to 30.12.2010 by submission of oral or written application in a arbitrary form.
The issuer makes repayment of bonds within three months, by payment of face value and the fixed accrued interest at a rate of 7 % from face value of the bond for all circulation time.
Periodicity of settlements with the owner of bonds: lumpsum.
The form of payment: cash, non-cash.
Payments are made:
- with available funds from cash department of the enterprise to the address contained in the application;
- with a bank transfer to the settlement account in the bank (banking details should be specified in the application of the owner of the bond).
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 29
Series: 3-ж
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 3231
Total amount of issue: 6462000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-29-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 3229

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue:  till 30.12.2009

Income from bonds of issue: 
  In percentage of face value: Interest payments from the bond are calculated under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 7 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: 1) reception of face value of the bond from the issuer at its repayment in the procedure and the terms which have been mentioned below in the present Prospectus of issue;
2) reception of the fixed accrued interest from the issuer at repayment at the rate of 7 % annually from face value of the bond for all circulation time in the procedure and the terms mentioned below in the present Prospectus of issue;
3) reception of one extraordinary access to a telephone network at technical availability of phone installation;
4) reception of face value of the bond from the issuer at liquidation of the Society in the sequence established by item 1 of article 64 of the Civil Codes of the Russian Federation, namely:
- First of all requests of citizens towards whom the liquidated Society bears obligations for causing harm to life and health are satisfied, by capitalization of corresponding time payments;
- In the second place, severance payment and labor remuneration settlements with the persons working under a labour agreement (contract) and payment of compensations under author's contracts are made;
- In the third place, requests of creditors under obligations provided with a pledge of property of the liquidated Society are satisfied; 
- In the fourth place, the debts on separate payments in the budget and extrabudgetary funds is repaid;
- In the fifth place, settlements with other creditors are made according to the law concerning owners of bonds.
Other rights stipulated by the legislation of the Russian Federation are not applicable.

The period of repayment: c 30.12.2009 till 30.12.2010
Conditions and procedure of repayment: >From the moment of claming repayment presented by the issuer to the owner of the bond during the period from 30.12.2009 to 30.12.2010 by submission of an oral or written application in an arbitrary form.
The issuer makes repayment of bonds within three months, by payment of face value and the fixed accrued interest at a rate of 7 % from face value of the bond for all circulation time.
Periodicity of settlements with the owner of bonds: lumpsum.
The form of payment: cash, non-cash.
Payments are made:
- with available funds from cash department of the enterprise to the address contained in the application;
- with a bank transfer on the settlement account in bank (banking details should be specified in the application of the owner of the bond).
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 30
Series: 4-ж
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2500 Rub.

Amount of securities of issue: 5995
Total amount of issue: 14987500

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-30-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 5967

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Cycle time of bonds of issue: c till 31.12.2011

Income from bonds of issue: 
  In percentage of face value: Interest payments under the bond are caculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 5 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: 1) reception of face value of the bond from the issuer at its repayment;
2) Reception, at availability of technical feasibility, of one extraordinary access to a telephone network. The owner of bonds pays under the contract for telecommunication services under the tariffs acting at the moment of granting the specified service;
3) reception of face value of the bond from the issuer at liquidation of the Society in the sequence established by item 1 of article 64 of the Civil Codes of the Russian Federation, namely:
-- First of all requests of citizens towards whom the liquidated Society bears obligations for causing harm to life and health are satisfied, by capitalization of corresponding time payments;
- In the second place, severance payment and labor remuneration settlements with the persons working under a labour agreement (contract) and payment of compensations under author's contracts are made;
- In the third place, requests of creditors under obligations provided with a pledge of property of the liquidated Society are satisfied; 
- In the fourth place, the debts on separate payments in the budget and extrabudgetary funds is repaid;
- In the fifth place, settlements with other creditors are made according to the law concerning owners of bonds.
Conditions and procedure of repayment: The owner of the bond submits the application for its repayment not earlier than 30.06.2011 and not later than 30.11.2011.
The issuer makes repayment of bonds by payment of face value and the fixed accrued interest at a rate of 5 % for all circulation time from face value of the bond.
Payments are made within 30 days from the date of submission of the repayment application to the issuer by the owner of the bond, but not later than 31.12.2011.
Periodicity of settlements with the owner of the bond: lumpsum.
The form of payment: cash, non-cash.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 31
Series: 5-ж
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 700 Rub.

Amount of securities of issue: 800
Total amount of issue: 560000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-31-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 800

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.12.2011

Income from bonds of issue: 
  In percentage of face value: Interest payments under the bond are caculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 5 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: 1) reception of face value of the bond from the issuer at its repayment;
2) Reception, at availability of a technical opportunity, of one extraordinary access to a telephone network. The owner of bonds pays under the contract for telecommunication services under the tariffs acting at the moment of granting the specified service;
3) reception of face value of the bond from the issuer at liquidation of the Society in the sequence established by item 1 of article 64 of Civil Codes of the Russian Federation, namely:
- First of all requests of citizens towards whom the liquidated Society bears obligations for causing harm to life and health are satisfied, by capitalization of corresponding time payments;
- In the second place, severance payment and labor remuneration settlements with the persons working under a labour agreement (contract) and on payment of compensations under author's contracts are made;
- In third place, requests of creditors under the obligations provided with a pledge of property of the liquidated Society are satisfied; 
- In the fourth place, the debt on separate payments in the budget and extrabudgetary funds is repaid;
- In the fifth place, settlements with other creditors are made according to the law concerning owners of bonds.
The period of repayment: c 30.06.2011 till 31.12.2011
Conditions and procedure of repayment: The owner of the bond submits the repayment application not earlier than 30.06.2011 and not later than 30.11.2011.
The issuer makes repayment of bonds by payment of face value and the fixed accrued interest at a rate of 5 % for all circulation time from face value of the bond.
Payments are made within 30 days from the date of presentation of the repayment application to the issuer by the owner of the bond, but not later than 31.12.2011.
Periodicity of settlements with the owner of the bond: lumpsum.
The form of payment: cash, non-cash.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 32
Series: 6-ж
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 1400 Rub.

Amount of securities of issue: 1500
Total amount of issue: 2100000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-32-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 1499

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.12.2011

Income from bonds of issue: 
  In percentage of face value: Interest payments under the bond are caculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 5 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: 1) reception of face value of the bond from the issuer at its repayment;
2) Reception, at availability of a technical opportunity, of one extraordinary access to a telephone network. The owner of bonds pays under the contract for telecommunication services under the tariffs acting at the moment of granting the specified service;
3) On reception of face value of the bond from the issuer at liquidation of the Society in the sequence established by item 1 of article 64 of Civil Codes of the Russian Federation, namely:
- First of all requests of citizens before which the liquidated Society bears obligations for causing harm to life and health are satisfied, by capitalization of corresponding time payments;
- In the second place, severance payment settlements and a remuneration of labor with the persons working under the labour contract (contract) and on payment of compensations under author's contracts are made;
- In third place, requests of creditors under the obligations provided with a pledge of property of the liquidated Society are satisfied; 
- In the fourth place, the debts on separate payments in the budget and extrabudgetary funds is repaid;
- In the fifth place, settlements with other creditors are made according to the law concerning owners of bonds.
The period of repayment: c 30.06.2011 till 31.12.2011
Conditions and procedure of repayment: The owner of the bond submits the application for its repayment not earlier than 30.06.2011 and not later than 30.11.2011.
The issuer makes repayment of bonds by payment of face value and the fixed accrued interest at a rate of 5 % for all circulation time from face value of the bond.
Payments are made within 30 days from the date of granting to the issuer by the owner of the bond of the application for repayment, but not later than 31.12.2011.
Periodicity of settlements with the owner of the bond: lumpsum.
The form of payment: cash, non-cash.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 33
Series: 1
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 100 Rub.

Amount of securities of issue: 18246
Total amount of issue: 1824600

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-33-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 18246

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 28.06.2003

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception from the issuer of the bond face value at repayment;
- reception of money income at a rate of 0,1 % from face value of the bond at repayment;
- reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 29.06.2003 till 29.06.2004
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of the income under the bond in cash or by a transfer to the bank on the basis of an application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 34
Series: 2-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-34-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.12.2004

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
- Of reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
- Of reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.01.2005 till 31.12.2005
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 35
Series: 3-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-35-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.12.2005

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are charged under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application on repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
- Of reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
- Of reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.01.2006 till 31.12.2006
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 36
Series: 4-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-36-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.12.2005

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
-  reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
-  reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.01.2006 till 31.04.2006
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of the income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 37
Series: 5-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-37-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.12.2006

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application on repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
-  reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
-  reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 03.01.2007 till 31.03.2007
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of the income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 38
Series: 6-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-38-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 31.03.2007

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application on repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
-  reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
-  reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.04.2007 till 30.06.2007
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of the income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 39
Series: 7-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-39-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue:  till 30.06.2007

Income from bonds of issue: 
  In percentage of face value: ond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
- On reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
-  reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.07.2007 till 30.09.2007
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 40
Series: 8-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-40-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue:  till 30.09.2007

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are charged under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds the issuer before date of submission of the application on repayment of the bond at a rate of 0,1 % annual from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
-  reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
- On reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.10.2007 till 30.12.2007
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 41
Series: 9-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-41-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement:  30.11.2002 - 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue: c till 30.12.2007

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation to repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application on repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
- On reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
- On reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 03.01.2008 till 30.03.2008
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 42
Series: 10-U
Type: interest
Security form: nominal paperless
Face value of one valuable paper of the issue: 2000 Rub.

Amount of securities of issue: 500
Total amount of issue: 1000000

Information on the state registration of issue: 
Registration date: 25.10.2002
Regitration number: 4-42-00137-З
The state registration body: Federal Commission on Securities of Russia

Way of placement: converting by reorganization
Period of placement: c 30.11.2002 till 30.11.2002

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 500

Information on the state registration of the report on results of issue: 
Registration date: 24.01.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Over-the-counter market
Circulation time of bonds of issue:  till 30.03.2008

Income from bonds of issue: 
  In percentage of face value: Bond interest payments are calculated under condition of its presentation for repayment for the period from the date of the beginning of placement of bonds by the issuer prior to the date of submission of the application for repayment of the bond at a rate of 0,1 % annually from face value of the bond.
  Other property equivalent on one bond (Rub.): not provided
  Other income and rights from bonds of issue: the Owner of the bond has the right:
- Of reception of face value of the bond from the issuer at repayment;
- On reception of cash income at a rate of 0,1 % from face value of the bond at repayment;
- On reception at availability of a technical opportunity of access to a telephone network to concrete addresses within one year from the moment of purchase of 20 (twenty) bonds and the conclusion of the contract for granting of access to a telephone network.
The period of repayment: c 01.04.2008 till 30.06.2008
Conditions and procedure of repayment: The issuer makes payment of face value and the sum of income under the bond in cash or by transfer to the bank on the basis of the application of the owner within three months from the date of submission of the application.
Preschedule repayment is not provided
Coverage of bonds of the issue:
Coverage is not provided.

Income from bonds of the issue paid in the accounting quarter: 
  Money resources: 0 Rub.

  Other property equivalent: 0 Rub.

  Other property rights and (or) other income: 0 Rub.

Additional essential information on securities of the issue: 

Issue serial number: 43
Series: ВТ - 1
Type: interest
Security form: Documentary bearer
Face value of one valuable paper of the issue: 1000 Rub.

Amount of securities of issue: 1000000
Total amount of issue: 1000000000

Information on the state registration of issue: 
Registration date: 24.01.2003
Regitration number: 4 - 43 - 00137 - And
The state registration body: Federal Commission on Securities of Russia

Way of placement: Open subscription
Period of placement: c 21.02.2003 till 21.02.2003

Current status of issue: placement completed
Amount of actually placed securities according to the registered report on results of issue: 1000000

Information on the state registration of the report on results of issue: 
Registration date: 14.03.2003
The state registration body: Federal Commission on Securities of Russia

Restrictions in circulation of securities of the issue (if available): 
No restrictions 

Market information on securities of the issue: 
Closed joint-stock company " Moscow Interbank Currency Stock exchange "
Circulation time of bonds of issue: c 15.03.2003 till 15.02.2006

Income from bonds of issue: 
  In percentage of face value: the Owner of the Bond has the right to reception of the fixed interest from face value of the Bond (coupon income).

Calculation of a sum payment on each coupon of the Bond is made under the following formula:
Кj = Cj * Nom * (T (j) - T (j-1)) / 365/100 %
Where
j - is the serial number of the coupon period, j=1... 12
Kj - is coupon payment sum per Bond
Nom - face value of one Bond
C j - the size of the interest rate of the j-th coupon, in percent annually
T (j-1) - start date of the j-th coupon period
T (j) - closing date of the j-th coupon period
The sum of payment under the coupon is defined with an accuracy of one copeck (the rounding of the second decimal place is made as follows: in case if the third decimal place is more than 5 or is equal to 5, the second decimal place increases by adding 1; in case if the third decimal place is less than 5, the second decimal place does not change).
If the payment date of the coupon income for any of the twelve coupons of the Bonds falls on a day off irrespective, whether it will be a national day off or a day off for settlement operations, payment of the appropriate sum is made on the first working day following the day off. The owner of the Bond has no right to demand calculation of interest or any other indemnification for such a delay in payment.

  Other property equivalent on one bond (Rub.): not provided
  Other income and rights under bonds of the issue: The owner of the Bond has the right to exercise all the other rights stipulated by the legislation of the Russian Federation.
The period of repayment: the start date of repayment of Bonds of the issue is the 1096-th (One thousand ninety sixth) day from the date of the beginning of placement of Bonds of the issue - 21.02.2006. The start and termination dates of repayment of Bonds of the issue coincide - 21.02.2006.
Conditions and procedure of repayment: Repayment of Bonds are made by a payment agent on behalf of the Issuer (further in the text - the Payment agent), its functions are carried out by:

Long title: Joint-stock commercial bank " Moscow Business World " (open joint-stock company)
Short company name: MDM-BANK
Location 115035, Moscow, Sadovnicheskaya str., 3
Mail address: 115035, Moscow, Sadovnicheskaya str., 3

The issuer can appoint additional payment agents and cancel such assignments. The communique of the Issuer about the specified actions is published by the Issuer in time not later than 10 (Ten) working days prior to the date of fulfillment of such assignments or their cancellation in the newspaper "Vedomosti".
If the Bonds repayment date falls on a day off - irrespective , whether it will be a national day off or a day off for settlement operations, the payment of the appropriate sum is made on the first working day following the day off. The owner of the Bond has no right to demand calculation of interest or any other indemnification for such a delay in payment.
Repayment of Bonds is made acording to face value.
Repayment of Bonds is made in currency of the Russian Federation in the non-cash procedure for the benefit of owners of Bonds.
It is presumed that nominal holders, NDC depositors, are authorized to receive the Bond repayment sums. NDC Depositor and-or another person, not authorized by the clients to receive Bond repayment sums not later than on the 3 (Third) working day prior to the established date of repayment of Bonds, submit to NDC the list of Bond owners which should contain all details mentioned below in the List of owners and-or nominal holders of Bonds.
Repayment of Bonds is made for the benefit of owners of the Bonds at the end of NDC operational day, prior to the sixth day before Bond repayment date (further in the text - " Date of drawing up the list of owners and-or nominal holders of Bonds ").
Execution of the obligation in relation to the owner included in the list of owners and-or nominal holders of Bonds, is recognized appropriate, also in case of alienation of Bonds after the Date of drawing up the list of owners and-or nominal holders of Bonds.
Not later than on the 2 (Second) working day prior to the date of repayment of Bonds, the NDC submits to the Issuer and-or the Payment agent the list of owners and-or nominal holders of the Bonds, made on Date of drawing up the list of owners and-or nominal holders of the Bonds, including the following data:
а) long title of the person, authorized to receive sums of Bond repayment.
In case if Bonds are transferred by the owner to a nominal holder and the nominal holder is authorized to receive Bond repayment, the long title of the nominal holder is indicated.
In case if Bonds are not transferred to the nominal holder and-or the nominal holder is not authorized by the owner to receive Bond repayment, the long title of the owner of Bonds (First name, middle initial, last name the owner - for the physical person) is indicated;
b) Amount of Bonds taken into account on the depot account of the owner or the interdepositary account of the nominal holder of Bonds, authorized to receive Bond repayment;
c) Location and mail address of the person, authorized to receive Bond repayment;
d) Details of the bank account of the person, authorized to receive Bond repayment, namely: 
- Number of the account;
- The name of the bank in which the account is open;
- The correspondent account of the bank in which the account is open;
- The bank identification code of the bank in which the account is open;
e) Identification number of tax payer (INN) of the person, authorized to receive Bond repayment;
f) The tax status of the person, authorized to receive Bond repayment (TSR, non-resident with permanent agency in the Russian Federation, non-resident without permanent agency in the Russian Federation, etc.).
Owners of Bonds, their authorized proxies, including NDC depositors, independently trace completeness and accuracy of details of the bank account given by them to NDC. In case of a default of submission or delayed submission of the specified details to NDC, execution of such obligations is made to the person who submitted the request for execution of obligations and was owner of Bonds on date of request presentation. In this case, the execution of obligations under Bonds by the Issuer is made on the basis of NDC data.
Not later than on the 2-nd (Second) working day prior to the date of Bonds repayment, the Issuer transfers the necessary money sums to the account of the Payment agent.
On the basis of the list of owners and-or nominal holders of the Bonds given by NDC, the Payment agent calculates sums of money to be paid to each person, specified in the list of owners and-or nominal holders of Bonds.
On the date of repayment of Bonds, the Payment agent transfers the necessary money sums to accounts of the persons authorized to receive Bond repayment, specified in the list of owners and-or nominal holders of Bonds.
In case if one person is authorized to receive Bond repayment on behalf of several owners of Bonds, the total sum is transferred to such person without distribution for each owner of Bonds.
Preschedule repayment is not provided
Coverage of bonds of the issue:
The warrant agency: limited liability company " Financial group "Web-invest ".
Kind of debt security: guarantee
The size of debt security in money terms: 1000000000

Income from bonds of the issue paid in the accounting quarter: 
  Cash: 0 Rub.

  Other property equivalent: Rub.
not provided

  Other property rights and (or) other income: Rub.
not provided

Additional essential information on securities of the issue: 
The guarantor undertakes to be responsible for execution of obligations of the Issuer on payment of the sum of face value of all issued bonds, the cumulative coupon income under bonds. The resolution determined according to conditions of placement and the prospectus of issue of bonds, and also of public irrevocable obligations (offers) of the issuer for the repayment of the bonds, conditions and procedure of execution is established in item 9 " Resolutions on issue of bonds " and item 56.13" of the Prospectus of Issue ".
G. Other information on securities of the issuer.
58, 59, 60. Rights of owners of shares of the issuer. Dividends under shares of the issuer.
58.1
Category of shares: ordinary
Form of shares: nominal paperless
Long title of category / type of shares: ordinary nominal paperless shares
Rights of the owner of shares of the given category (type): 
       Each common share of the Society gives to the stockholder, its owner, an equal volume of rights (item 7.1. of The charter):

       Each stockholder, owner of common stocks of the Society has the right:
      1. To participate in the general meeting of stockholders of the Society according to the procedure stipulated by the current legislation of the Russian Federation;
      2. To receive dividends according to the procedure stipulated by the current legislation of the Russian Federation and the present Charter, in case of their declaration by the Society;
      3. To receive a part of property of the Society, remaining after its liquidation, in proportion to the number of shares held by him;
      4. To get access to the documents stipulated by item 1 of article 89 of the Federal law " About joint-stock companies ", according to the procedure stipulated by item 91 of the specified law;
      5. To demand from the registrar of the Society the acknowledgement of the rights of the stockholder to shares by delivering him an extract from the Register of the Society;
      6. To receive from the registrar of the Society the information on all records on his personal account, and also other information stipulated by legal acts of the Russian Federation, establishing the procedure of conducting the Register;
      7. To alienate shares held by him without consent of other stockholders and of the Society;
      8. In the cases stipulated by the current legislation of the Russian Federation to protect in the judicial procedure the broken civil rights, including to demand from the Society the compensation of damage;
      9. To demand the repayment of all or part of shares held by the stockholder by the Society in cases and following the procedure stipulated by the current legislation of the Russian Federation; 	  
      10. To sell shares to the Society in case if the Society passed a resolution on purchase of the specified shares;
      11. To demand from the Society an extract from the list of persons having right of participation in the General meeting of stockholders, containing information on the stockholder.
        The stockholder owning more than 1 percent of voting shares of the Society, has the right to demand from the registrar of the Society the information on name (title) of the owners of shares registered in the Register and on amount, category and face value of shares held by them (the specified information is given without indication of addresses of stockholders).
        The stockholders (stockholder) owning in aggregate not less than 1 percent of placed common stocks of the Society, have the right to appeal in court with the claim against a member of the Board of directors of the Society, the sole executive of the Society, a member of the joined executive agency of the Society, and also to the managing organization or the manager about a compensation of damage, caused to the Society as a result of guilty actions (omission) of the specified persons.
         The stockholders possessing not less than 1 percent of votes in the general meeting of stockholders, have the right to demand from the Society the submission of the list of persons having the right of participation in the assembly. In addition, the data, documents and mail address of the stockholders included in this list are given only with their consent.
         The stockholders (stockholder), owners of not less than 2 percent of voting shares of the Society, have the right to propose issues to the agenda of the annual general meeting of stockholders and to put forward candidates for management and control bodies of the Society. During preparation of the extraordinary general meeting of stockholders with the agenda of election of the Board of directors of the Society, the specified stockholders (stockholder) have the right to offer candidates for election to the Board of directors of the Society.
         The stockholders (stockholder) who own in aggregate not less than 10 percent of voting shares of the Society, have the right to demand from the Board of directors of the Society the convocation of an extraordinary general meeting of stockholders. In case if during the term established by the current legislation of the Russian Federation and the present Charter of the Board of directors of the Society, the resolution on convocation of the extraordinary general meeting of stockholders is not adopted or the resolution on refusal of the convocation is adopted, the extraordinary meeting can be called by the specified stockholders.
         The stockholders (stockholder) who own in aggregate not less than 10 percent of voting shares of the Society, have the right to demand at any time auditing of financial and economic activity of the Society.    
         The stockholders (stockholder) having in aggregate not less than 25 percent of voting shares of the Society have the right of access, and also have the right to receive copies of book keeping documents and the minutes of sessions of the joined executive agency of the Society.
         Stockholders - owners of common stocks of the Society have other rights stipulated by the current legislation of the Russian Federation, other legal acts of the Russian Federation issued within the limits of their powers, and also the present Charter.

Dividends under shares of the specified category (type):
Period: 1999.
size of dividends per share (Rub.): 0.14
Total sum of dividends per share of the specified category (type) (Rub.): 12274000
Total sum of dividends actually paid for shares of the specified category (type) (Rub.): 12202636

Period: 2000.
Size of dividends per share (Rub.): 0.27
Total sum of dividends per share of the specified category (type) (Rub.): 23626708
Total sum of the dividends actually paid for shares of the specified category (type) (Rub.): 23530297

Period: 2001.
Size of dividends per share (Rub.): 0.32
Total sum of dividends per share of the specified category (type) (Rub.): 28000795
Total sum of the dividends actually paid for shares of the specified category (type) (Rub.): 23809688

Size of dividends calculated for shares of the specified category (type), on which the term of payment did not begin (Rub.): 

58.2
Category of shares: preferred
Type of shares: A
Form of shares: nominal paperless
Long title of category / type of shares: preferred nominal paperless type A shares
Rights of the owner of shares of the specified category (type): 
       Each preference share of type A of the Society gives the stockholder, its owner, equal rights. (item 8.1. The charter) 
       Each preference share of type And Society gives the stockholder, its owner equal rights. (item 8.1. The charter)

       Owners of preferred type A shares have the right to receive the annual fixed dividend except for the cases stipulated by the present Charter. The total sum paid as dividend for each type A preference share, is established at a rate of 10 percent of net profit of the Society according to results of the prior fiscal year, divided by number of shares making 25 percent of the charter capital of the Society. In addition, if the sum of the dividends paid by the Society on each common stock in a certain year, exceeds the sum to be paid as dividends for each type A preference share, the size of dividends paid on the latter, should be increased up to the size of dividends paid for common stocks.
        Owners of preferred type A shares have the right to participate in the general meeting of stockholders with a vote at the resolution of issues of reorganization and liquidation of the Society, and also on an issue of emendments and additions to  the Charter of the Society, in a case if the specified changes limit rights of the specified stockholders.
        Owners of preferred type A shares have the right to participate in the general meeting of stockholders with a vote on all issues of the agenda of the assembly in case if the assembly of stockholders (irrespective of the reasons) did not adopt the resolution on dividend payment or adopt the resolution on incomplete dividend payment for preferred type A shares. The specified right arises for owners of preferred type A shares since the assembly following the annual meeting of stockholders which did not adopt the resolution on dividend payment and stops from the moment of the first dividend payment for the specified shares in full size.
         Owners of preferred type A shares have the rights stipulated by item 7.2.3, item 7.2.4, item 7.2.5, item 7.2.6, item 7.2.7, item 7.2.8, item 7.2.10, item 7.2.11 of the present Charter for owners of common stocks of the Society. These rights are given to stockholders, owners of preferred type A shares including in case if the specified shares are not voting.
         Owners of preferred type A shares have the rights stipulated by item 7.3, item 7.6, item 7.7, item 7.8, item 7.9 of the present Charter in case if preferred type A shares have the right of a vote on all issues of the competence of the general meeting of stockholders of the Society.
        Owners of preferred type A shares have the right to demand the repayment of all or parts of shares belonging to the stockholder by the Society in cases and following the procedure, stipulated by the current legislation of the Russian Federation.
        Owners of preferred type A shares, possessing not less than 1 percent of votes of the general meeting of stockholders have the right to demand the list of persons having the right of participation in the assembly from the Society. In addition the data of documents and the mail address of the stockholders included in this list, are given only with their consent.
        Stockholders, owners of preferred type A shares have other rights stipulated by the current legislation of the Russian Federation, other legal acts of the Russian Federation, and the present Charter.

Dividends for shares of the specified category (type):
Period: 1999.
Size of dividends calculated per share (Rub.): 0.6
Total sum of dividends calculated per share of the specified category (type) (Rub.): 17535000
Total sum of the dividends actually paid for shares of the specified category (type) (Rub.): 17048292

Period: 2000.
Size of dividends calculated per share (Rub.): 1.04
Total sum of dividends calculated for share of the specified category (type) (Rub.): 30302509
Total sum of dividends actually paid for shares of the specified category (type) (Rub.): 29726433

Period: 2001.
Size of dividends calculated per share (Rub.): 0.96
Total sum of dividends calculated per share of the specified category (type) (Rub.): 27993888
Total sum of the dividends actually paid for shares of the specified category (type) (Rub.): 23466737

Size of dividends calculated for shares of the specified category (type), for which the payment term did not begin yet (Rub.): 

61. Restrictions in circulation of securities.
See items 56 and 57
62. Other essential information on securities of the issuer.
On January 24, 2003, the Federal Commission on Securities of Russia registered Reports on results of issue of securities of the issuer and the Prospectus of issue of bonds of series ВТ - 1.

On February 7, 2003 - the beginning of the tenders for shares of the issuer at " RTS " stock exchange, Reports on results of issue of which are registered by the Federal Commission on Securities of Russia on 24.01.2003. 

On March 14, 2003, the Federal Commission on Securities of Russia registered the Report on results of issue of bonds of the issuer of series ВТ - 1, the state regitration number of issue is № 4-43-00137-З from 24.01.2003.

The management of the Moscow Interbank Stock Exchange on March 21, 2003 made the resolution on inclusion of unlisted securities in the List of the Moscow Interbank Stock Exchange and the beginning of the tenders on March, 25 2003 of documentary intrest bearer bonds of series ВТ - 1, with the state regitration number of issue № 4-43-00137-З dated 24.01.2003, with trading code - RU 0007757472.

On March 31, 2003, the inspection of the Ministry of Taxes and Tax Collection of Russia of the Nizhniy Novgorod Region registered the Charter of the issuer in a new wording. The charter capital of the society increased and makes 1639764970 rubles (item 6.1. of article 6 of the Charter of OJSC " VolgaTelecom ").

Other essential information on securities of the issuer: n/a.