Moscow, Russia – November 9, 2009 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 69 Russian cities, today announced that the Board of Directors (the “Board”) set the date for Comstar’s Extraordinary General Meeting of Shareholders (“EGM”) for December 14, 2009.  The EGM will take place at 11.00 am Moscow time at the following address: 12/3 Petrovsky Boulevard, Moscow, 127051, Russia.

The proposed agenda of the EGM includes the determination of the EGM schedule, the termination of powers of the Revision Committee’s members, the election of the members of the Revision Committee, the approval of amendments to the Charter, the determination of the number of members of the Revision Committee and the determination of the number of members of the Board of Directors.

Shareholders registered at the record date of November 6, 2009 will be eligible to participate and vote at the meeting.

Further information with regard to the EGM and other related issues will be available on the Company’s web site www.comstar-uts.ru.