JSC North-West Telecom will be paying dividends for the year 2004 starting from 15th August 2005 till 15th December 2005.

According to the decision taken by the Company's annual general shareholders meeting which was held on 27.06.2005, dividend s will be paid in the monetary form to the following amounts:  

 - RUR 0.469 per preferred share;

 - RUR 0.248 per ordinary share.

The list of person entitled to a dividend has been made up according to the register of OJSC North-West Telecom's shareholders as of 10th May 2005.      

More detailed information on the procedure of dividend payment to individuals and legal entities can be obtained from OJSC North-West Telecom's corporate site in the section "Investors and Shareholders".