Altaitelecom to Hold Online Conference

On the eve of its general annual shareholders meeting, Altaitelecom is planning to hold an Internet conference on June 14 in association with Finance Analitik, a Moscow-based investment company. This online conference is intended to assess the company's overall performance.

During the conference Alexander Bogachev, the general director of Altaitelecom, and Yuri Terentyev, first deputy general director will be available to take questions.

Equity researchers, journalists, investors and company shareholders are especially welcome to take part in the event. Those wishing to participate should email their questions, comments or remarks from 12 - 2 o'clock p.m. (Mosocw time) on June 14 to the management of Altaitelecom to www.finam.ru in the section entitled "Conference". Site visitors can find Altaitelecom's "business card" in that location.

Barnaul, Internatsional'naya St., 74
Tel. (385-2) 35-32-86 (PR Department)
Fax (385-2) 35-31-14