According to FCSM's Decree ? 1920/p of 09 September 2003 additional issues of emissive securities of Public Joint Stock Company "Southern Telecommunications Company" were combined which resulted in:

• cancellation of the state registration numbers assigned to the issues of common registered uncertificated shares of "Southern Telecommunications Company" PJSC (1-04-00062-? ?f 27.12.1997, 1-05-00062-? ?f 15.08.2002, 1-06-00062-? ?f 15.08.2002, 1-07-00062-? ?f 15.08.2002, 1-08-00062-? ?f 15.08.2002, 1-09-00062-? ?f 15.08.2002, 1-10-00062-? ?f 15.08.2002, 1-11-00062-? ?f 15.08.2002, 1-12-00062-? ?f 15.08.2002, 1-13-00062-? ?f 15.08.2002).

Single state registration number 1-03-00062-? of 9 September 2003 was assigned to the indicated issues of common registered uncertificated shares of "Southern Telecommunications Company" PJSC.

• cancellation of the state registration numbers assigned to the issues of preferred registered uncertificated shares of "Southern Telecommunications Company" PJSC (2-04-00062-? ?f 27.12.1997, 2-05-00062-? ?f 15.08.2002, 2-06-00062-? ?f 15.08.2002, 2-07-00062-? ?f 15.08.2002, 2-08-00062-? ?f 15.08.2002, 2-09-00062-? ?f 15.08.2002, 2-10-00062-? ?f 15.08.2002, 2-11-00062-? ?f 15.08.2002, 2-12-00062-? ?f 15.08.2002).

Single state registration number 2-03-00062-? of 9 September 2003 was assigned to the indicated issues of preferred registered uncertificated shares of "Southern Telecommunications Company" PJSC.

"UTK" PJSC shares of the combined issues will be traded in MICEX since 29 September 2003 (trading code UTEL, UTELP). Tickers of "UTK" PJSC shares in RTS remain the same: KUBN - for common registered uncertificated shares, KUBNP - for preferred registered uncertificated shares.