Krasnodar, September 15, 2005– Southern Telecommunications Company (“UTK”) (RTS: KUBN, KUBNP;MICEX: UTEL, UTELP; ADR OTC: STJSY, KUE FRA)], the principal telecommunications provider for Russia’s Southern Federal District, reports that on 15th September 2005 the Company paid out in full the fourth coupon income under UTK series 01 bonds (UTK-01?b., ISIN RU0009071088). Total amount of the fourth coupon yield to be paid under all UTK series 01 bonds made 14.24% annual rate or 106,500, 000 rubles. The coupon income under one bond amounted to 71.00 rubles. The cut-off date of the register of the holders of UTK series 01 bonds for the fourth coupon income payment was 7th September 2005.Payment agent of series 01 bond issue is NP "NDC".
Information about the bond issue:
Volume of the issue of UTK series 01 non-convertible interest-bearing documentary pay-to-bearer bonds is RUR 1.5 billion, the term to maturity is 3 years (1,092 days) with half-year fixed coupon (182 days) and offer for the redemption – 1 year from the date of placement at 100 % of the par value. The interest rate of 14.24% per annum on the first coupon was fixed at the bond placement (September 18, 2003, MICEX). The interest rates on the second, third, fourth, fifth and sixth coupons are equal to the first coupon interest rate. State registration number of the bond issue is 4-05-00062-A of August 15, 2003; trade codes are UTK-01ob., ISIN RU0009071088. Organizers are Promishlenno-stroitelniy bank, Renaissance Broker. Co–organizers of the bond issue are Bank "Zenit", MDM-Bank, Bank Ingosstrakh-Soyuz, Transcreditbank, Vneshtorgbank. Renaissance Capital acts as Financial Consultant. Underwriter is CJSC "Management Company “Baltic Financial Agency". You can familiarize yourself with additional information on the bond issue here.
For any further information please contact:
UTK IR Team
phone + 7 861 253 20 30, fax + 7 861 253 19 69, e-mail: pmaleev@mail.stcompany.ru
UTK PR Team
phone + 7 861 259 56 99, fax + 7 861 259 56 99, e-mail: dali@mail.stcompany.ru
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