Starting from 20th November 2008 bonds of OJSC North-West Telecom of the fifth issue have been transferred to the MICEX Quoting List A, level 1. The decision on admitting the bonds to trading was taken upon application of the issuer due to the fact that the bonds of OJSC N.W.Telecom met the requirement s of the stock exchange's highest level of listing.

Until now OJSC N.W. Telecom's bonds of the fifth issue have been included in the category of non-listed securities of MICEX.  

OJSC N.W. Telecom has been consistently implementing the strategy in the field of developing the securities market, among other things, including all securities, both of the share and debt categories, in the stock exchanges' highest levels of listing in order to ensure equal rights and provide the opportunity of effecting transactions with OJSC N.W. Telecom's securities to the maximum number of investor s possible. Now all the three bonded loans of OJSC North-West Telecom (series 03, 04, 05) that are in circulation have been included in the Lombard List of the RF Central Bank, are accepted by the Bank of Russia as security for direct repurchase agreement transactions and are in the A1 Quoting List of MICEX.

Bonds of the fifth issue - series 05 documentary interest-bearing bonds payable to bearer, with obligatory centralized care (State Registration No. 4-05-00119-A of 23 October 2007) – were floated at the MICEX Stock Exchange on 27th May 2008. The volume of the issue is 3 billion roubles, there are 3 million bonds with the face value of 1,000 roubles each.   The circulation period is 5 years. The coupon yield under the bonds is paid on a quarterly basis.