Moscow, Russia – March 7, 2013 – Rostelecom OJSC (the “Group”) (MICEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that coupons 1 to 6 of the Series 19 bonds has been set at 8.10% per annum. The bonds, totalling a nominal value of RUB 10 billion, have a three-year put option from placement and a maturity of 5 years.

The issue was fully placed with total demand reaching RUB 13.5 billion across 29 book orders. The Rostelecom Series 19 bonds will be placed on the MICEX–RTS Stock Exchange and settled on March 12, 2013.

VTB Capital CJSC, Gazprombank OJSC and CJSC “Sberbank CIB” acted as organisers of the deal.