Moscow, Russia – February 27, 2013 – Rostelecom OJSC (the “Group”) (MICEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, announces that it has started to pre-market its RUB 10 billion of series 19 bonds.

The Company’s latest bond issue is part of an approved bond issue programme worth a total nominal value of RUB 100 billion. VTB Capital CJSC, Gazprombank OJSC and CJSC “Sberbank CIB” will organise the placements. The bonds will have the following characteristics:

• The nominal value of a single bond will be RUB 1,000
• Bonds will mature in 5 years
• A put option can be exercised after 3 years
• The coupon period has 182 days.

It is anticipated that order books will be opened on March 4, 2013, with a closing date of March 5, 2013.

Bond issue ¹19 has been included on Quotation list “A1” of the MICEX–RTS Stock Exchange.