On February 20, 2002 Uralsvyazinform effected the second coupon payment on monetary bond issue of 02 series. According to Decision of Issue the bonds’ overall nominal value amounts to RUR1 bn, coupon interest rate – 17.5 % per annum, payable quarterly.

The outpaid interest per one bond with par value of RUR1,000 made up RUR43.15. The total value of payments amounted to RUR43, 150 thousand.

The Company’s payment agent is Joint-Stock Commercial Bank “Svyaz-Bank”, Moscow. The Company’s bond issue was placed with MICEX on August 22, 2002. The Organizers of placement were Renaissance Capital and Web-Invest Bank. At present the bonds are traded in A1-Bonds section of MICEX and on RTS.

This year the company is planning to place another bond issue at total volume of RUR 3bn.

For additional information, please contact Investor Relations department: tel. (007 3422) 136-598, e-mail: investor@usi.ru