Moscow, Russia – August 5, 2008 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the leading integrated telecommunications operator in Russia and the CIS, today announced its intention to reconvene the Extraordinary General Meeting of Shareholders (“EGM”) by the end of this year to vote on the resolutions on the merger of Comstar-Direct1 CJSC with Comstar and the amendments to Comstar’s Charter related to the merger of Comstar-Direct1.