Moscow, 9 April, 2010. CenterTelecom OJSC announces results of an open tender for the mandatory audit of the company’s accounting statement for 2010 according to Russian Accounting Standards (RAS) and for the audit of the company’s consolidated financial results for 2010 according to International Financial Reporting Standards (IFRS).

On 7 April, 2010, the company’s Tender Committee evaluated technical and financial proposals submitted by tender participants and selected KPMG CJSC as the winner. 

The results of the tender are to be submitted to the CenterTelecom’s Board of Directors which will then recommend approval of the selected audit company by the CenterTelecom’s annual general meeting of the shareholders (AGM).

An agreement for the mandatory audit of the company’s accounting statement for 2010 according to RAS and for the audit of the company’s consolidated financial results for 2010 according to IFRS is to be concluded with the winner of the tender following approval by the CenterTelecom’s AGM.