On November 5, 2004 the Federal Financial Markets Service (FFMS) registered the reports on the results of additional issues of registered non-documentary ordinary shares and Type A registered non-documentary preferred shares of OJSC North-West Telecom.

The shares were placed by conversion thereto of the shares of the merged companies (OJSC Lensviaz and OJSC Sviaz of the Republic of Komi).

The number of ordinary shares convertible into OJSC Lensviaz shares was 74 213 582, issued in denominations of RUR 1 each. The total amount of the issue was RUR 74,216,223. The shares were assigned a State registration number of 1-02-00119-?-012D of August 12, 2004.

The number of Type A preferred shares convertible into OJSC Lensviaz shares was 24 711 346, issued in denominations of RUR 1 each. The total amount of the additional issue was RUR 24,740,475. The shares were assigned a State registration number of 2-02-00119-?-011D of August 12, 2004.

The number of ordinary shares convertible into shares of OJSC Sviaz of the Republic of Komi was 70,914,629, issued in denominations of RUR 1 each. The total amount of the issue was RUR 70,918,086.  The shares were assigned a State registration number of 1-02-00119-?-011D of August 12, 2004.

The number of Type A preferred shares convertible into shares of OJSC Sviaz of the Republic of Komi was 23 635 203, issued in denominations of RUR 1 each. The total amount of the additional issue was RUR 23,638,560. The shares were assigned a State registration number of 2-02-00119-?-012D of August 12, 2004.