On the 6th of July 2005 AKB Svyaz Bank, which acts as the Payment Agent for the series 02 bonds of OJSC North-West Telecom, fully paid the 7th coupon yield under the bonds of the second issue of OJSC NWT. The list of those authorized to get a coupon yield under the bonds was made up as of the 29th of June 2005. The rate for the 7th coupon is 13.2% per annum, RUR 32.91 having been accrued on each bond. The total amount allocated for the 7th coupon payment amounted to RUR 49.365 million.