TGC-1 will publish its unaudited financial report under International Financial Reporting Standards (IFRS) for 2010 year on Tuesday, April 5, 2011 and hold a conference-call for investors and analysts to discuss Company’s performance for FY 2010.

The publication of the report and presentation is scheduled for 12.00 (Moscow time).

The conference-call will start at 8:00 am (New York) / 1:00 pm (London) / 4:00 pm (Moscow).

Speakers from TGC-1:

Boris Vainzikher, General Director, Chairman of the Management Board

Kirill Lykov, Director for Economy and Finance (CFO), member of the Management Board

Sergey Redkin, Director for Development, member of the Management Board.

Dial-in Details

Russia Free Call         8 10 800 2446 2044

Russia Local Call       +7 499 922 39 35

UK Free Call  0800 694 5763

UK Local Call            0844 338 7411

UK Standard International    +44 (0) 1452 589 328

Conference ID: 56973375

Agenda:

•          Presentation of the FY2010 Financial Results

•          Q&A session

Please dial in 10-15 minutes before the call, to allow for the registration process. When registering please state the passcode, your name and the organization you represent.

A replay of this call will be available until 11 April 2011