The head directorate of the Moscow Inter-Bank Currency Exchange (MICEX) passed a resolution on March 13, 2003 (protocol # 26) to add to its list of non-listed securities the common and preferred shares of OJSC Far East Telecom, from third to eight issues.  The trade codes added to the list of shares include: RU14DSVZ3105, RU14DSVZ3113, RU14DSVZ4103, RU14DSVZ4111, RU14DSVZ5100, RU14DSVZ5118, RU14DSVZ6108, RU14DSVZ6116, RU14DSVZ7106, RU14DSVZ7114, RU14DSVZ8104, and RU14DSVZ8112.  Trading in these shares got under way on March 14, 2003.

MICEX’s list of non-listed shares previously contained only common and preferred second-issue shares (trade codes RU0009101158 and RU0009101166), whereas shares placed by swapping the equity of the six regional operators that merged with Far East Telecom have not been traded on this trade floor.

At present all of Far East Telecom’s are accessible for trading on the Moscow Interbank Currency Exchange.