A Board of Directors meeting of Siberia Telecom was held on April 3, 2002 (in absentia).  The meeting approved the date for its annual general shareholders meeting (AGM), which is scheduled for 11 o'clock a.m. on June 18, 2003.  The form of the meeting will be joint assembly.  The venue is Novosibirsk, Sibirtelecom, ul. Gorkogo, 53. 

The Board of Directors also approved the cut-off date for individuals eligible to attend the annual general shareholders as April 30, 2003.