Svyazinform Republic of Mordovia held its Annual General Shareholders Meeting on June 18, 2002.  The following resolutions were passed at the meeting.  

1. To approve the annual financial statement, the accounting reports, including the profit and loss statement, allocation of profits and losses on results of the 2001 fiscal year. 

2. To pay out 2001 dividends as follows: 

a)      Rub 0.05429 on common shares in cash form until December 31, 2002 (up 195% year on year);

b)      Rub 0.0834 on preferred shares in cash form within a period of 60 days (up 137% year on year). 

3.  Appointments were made to the Board of Directors of the company:

4.  Appointments were made to the Audit Committee of the company.

5.       To approve the revised version of the Company Charter;

6.       To approve the revised Rules for Holding Annual General Shareholders Meetings of the company;

7.       To approve the revised Rules for Board of Directors of the company;

8.       To approve the revised Rules for Supervisory Board of the company;

9.       To appoint the company's official 2002 auditor;

10.   To join ISKRA, the Association for Federal Telecom Service Operators.