February 28, 2008 the Non-Profit Partnership National Depositary Centre, which acts as the Payment Agent for the series 3 bonds of JSC North-West Telecom, fully paid the 12th coupon yield under the bonds of the third issue of JSC NWT.  

The rate for the 12th coupon is 9.25%  per annum, RUR 23.06 having been accrued on each bond.

The list of those authorized to get a coupon yield under the bonds was made up as of the 21 th of February 2008.

The total amount allocated for the 12th coupon payment amounted to RUR 69.18 million.  

Bonds of the third issue of OJSC NWT are series 03 documentary interest-bearing bonds payable to bearer, with obligatory centralized care. The state registration No. is 4-03-00119-A, floated at SE MICEX on the 3rd of March 2005.  The volume of the issue is 3,000,000 roubles, there are 3 million bonds with the face value of 1,000  roubles, the circulation period of the OJSC NWT's bonds being 6 years with the right of early presentation of the bonds for redemption in 3 years. The coupon yield under the bonds is to be paid on a quarterly basis.