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Svyazinvest

April 21, 2003

Far East Telecom to cut number of MICEX-traded shares

As of April 23, 2003 the number of Far East Telecom's common and preferred shares listed on the Moscow Inter-Bank Currency Exchange will be reduced from 100 to 1 share.

At present, all of the company's shares issues are being traded on MICEX.  Moreover, share issues 20-1-997 and 20-1-996 are restricted to repo and over-the-counter (negotiable) trading, whereas other issues are traded without restrictions.

 

 

 

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