National Depositary Center, acting as the payment agent for JSC North-West Telecom’s bond issue 3, has paid in full the 21st coupon on the issue, it was announced today. Payment was made on May 27, 2010.

The rate of the 21st coupon is 8.6% per annum, RUR 15.01 having been charged on each bond.

The list of those authorized to get a coupon yield under the bonds was made up as of 21st May 2010.

The total amount allocated for the 21st coupon payment amounted to RUR 45,030 thousand.

The third-issue bonds are interest-bearing documentary bearer bonds with mandatory central storage, series 03 (state registration number 4-03-00119- À of December 28, 2004) placed at the Stock Exchange Moscow Interbank Currency Exchange on March 3, 2005. The volume of the issue is RUR3 billion; the number of bonds is 3 million with the per value of RUR1,000. The maturity period is 6 years. The bonds’ coupon is paid on the quarterly basis. The bonds are included in the RF Central Bank’s Pawn List, are accepted by the Bank of Russia as collateral for direct REPO deals and are included in the quotation list A1 of the Moscow Interbank Currency Exchange.