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Golden Telecom

March 18, 2005

Golden Telecom provides telecommunications services to the International Olympic Committee

Moscow, Russia (March 18, 2005).Golden Telecom, Inc. (NASDAQ: “GLDN”), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”), announced that the Company is providing communications services to the Evaluation Commission of the International Olympic Committee (“IOC”), which is visiting Moscow on March 14 – 18.

 

On Monday, March 14, the Evaluation Commission of the IOC began its work in evaluating the Russian capital, Moscow, as the potential host city for the 2012 Olympic Games.  Moscow is the last of the five candidate cities being visited by the IOC inspectors.  Before Moscow, the Evaluation Commission of the IOC visited London, Madrid, New York, and Paris.

 

Golden Telecom is providing the Evaluation Commission of the IOC with local, domestic long-distance, and international telephone communication services, as well as data and Internet services allowing access to Golden Telecom and other operators, information resources and e-mail services.

 

Alexander Vinogradov, President and Chief Executive Officer of Golden Telecom, commented, “It is a great honor for us to arrange communications services for the Application Committee Moscow-2012 and for the Evaluation Commission of the IOC”.

 

About Golden Telecom (www.goldentelecom.com):

 

Golden Telecom, Inc., (NASDAQ: “GLDN”) is a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”).  The Company offers voice, data and Internet services to corporations, operators and consumers using its metropolitan overlay network in major cities including Moscow, Kiev, St. Petersburg, Nizhny Novgorod, Samara, Kaliningrad, Krasnoyarsk, Almaty, and Tashkent, and via intercity fiber optic and satellite-based networks, including approximately 220 combined access points in Russia and other countries of the CIS. The Company offers mobile services in Kiev and Odessa.

 

 

For additional information please contact:

 

Public relations:

Anna Chin Go Pin

e-mail: achin@gldn.net

tel.: +7-501-797-9300

fax: +7-501-797-9332

 

Investor Relations:

Ranjit Singh

e-mail: ir@gldn.net

tel.: +7-501-797-9300

fax: +7-501-797-9331

 

www.goldentelecom.com

 

 

 

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