Moscow – April 3, 2009 – Rostelecom (NYSE: ROS; RTS and MICEX: RTKM, RTKMP), Russia’s national telecommunications operator, today announced the decision of the Company’s Board of Directors on convocation of the Annual General Shareholders’ Meeting upon the results of 2008.

The Board set the date for Rostelecom’s Annual General Shareholders’ Meeting (hereinafter – AGM) as May 30, 2009. The AGM will be held at the Company’s Bekasovo Training Center (Moscow region, Naro-Fominsk district).

Shareholders as of record on April 14, 2009, will be entitled to participate in the AGM and receive dividends.

For more information about Rostelecom, please see the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on June 30, 2008 and available at https://www.rt.ru/en/centr-invest/financial/SEC/form20-F.php. Hard copies of the Company’s Form 20-F with complete audited financial statements are available free of charge to shareholders upon request.