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UTK

June 24, 2004

Meeting with the delegation of Wellington Investment Management Fund

On 23 June 2004 top management of "UTK" PJSC headed by its CEO Ivan Ignatenko met in Krasnodar  with the representatives of the Investment Management Fund “Wellington Management Company LLP”.  Trond Skramstad, Director of International Equities Department, and Alex Zarechnyak, Director of Emerging Markets Department of Wellington Fund took part in the meeting. 

Wellington Investment Management Fund manages portfolios for 1000 clients in 40 countries, it has client assets under management totaling over US $ 420 billion. The Fund has been a player in the investment management market for more than 70 years and has a wide network of affiliate offices all over the world.  Wellington Management Company LLP also acts as an investment counselor for more than 250 mutual fund sponsors. 

Management of "Southern Telecommunications Company" PJSC made a presentation of the Company’s performance results and development prospects paying special attention to the development and provision of new telecommunications services in the Southern federal district. During the meeting top managers of "UTK" PJSC answered all the questions of Trond Skramstad and familiarized him with additional information on the Company’s operations. 

"UTK" PJSC is always open to new contacts and ready to meet with shareholders and investors. We would be glad to receive your proposal on holdind a meeting to discuss performance and development prospects of the Company. Please, contact Pavel Maleev, expert of Investor Relations Department of "UTK" PJSC:
tel. +7 (8612) 53 20 30,
fax +7 (8612) 53 19 69,
pmaleev@mail.stcompany.ru.

 

 

 

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