On October 5, 2005 joint-stock commercial bank Svyaz Bank performing the functions of the Payment Agent for the North-West Telecom bonds, series 02, paid in full the 8th coupon income on the 2nd bonds issue of OJSC North-West Telecom. The list of persons entitled to the coupon income on the bonds was prepared as of September 28, 2005. The 8th coupon rate was 13.2% per annum and the amount of RUR 32.91 was due on each bond. The total amount allocated for paying the 8th coupon was RUR 49.365 million. So far, the total amount of interest paid on coupons of the NWT bonds, issue 2, is RUR 409.86 million. The obligations on the bonds of issue 2 were fulfilled completely.