On February 19, 2003 the session of the Board of Directors (100 % quorum) considered and approved the list of candidates to be elected to the Board of Directors of Uralsvyazinform and Audit Commission by the Annual General Meeting.

The candidates to be elected to the Company’s Board of Directors are as follows:

Adzhalov Vladimir Isfandeyarovich- Advisor to General Director of Rostelecom
Belov Vadim Evgenievich - Deputy General Director of OAO Svyazinvest
Bilibin Yuri Aleksandrovich - Assistant to General Director of OAO Svyazinvest
Bocharova Svetlana Nikolayevna - Head of Section at Legal Department of OAO Svyazinvest
Chernogorodsky Sergei Valerievich - Deputy Director of Securities Department of OAO Svyazinvest
Dudchenko Vladimir VladimirovichConsultant at Moscow representative office of NCH Advisors, Inc
Fedotova Olga Vladimirovna - Deputy Head of Section at the Department of Ministry of Property Relations of the Russian Federation
Gribov Sergei Aleksandrovich - Head of Section at the Department of Ministry of Property Relations of the Russian Federation
Grigorieva Alla Borisovna - Deputy Director – Head of Section at Corporate Governance Department of OAO Svyazinvest
Khaikin Vladimir Zinovyevich - Head of Urals Interregional Division of Russian Federal Property Fund
Kim Aleksandr Vladimirovich - President of non-commercial organization “Charity Fund Nashi Talanty” (“Our Talents”)
Kozin Vladimir Vladimirovich - Deputy Director – Head of Section at Corporate Funding and Direct Investment Department of OAO Svyazinvest
Levkovski Dmitry Vladimirovich - Vice-President of NCH Advisors, Inc.
Lokhtin Vladimir Ivanovich - Director of Telecommunications Department of OAO Svyazinvest
Perminov Leonid Mikhailovich - Company shareholder
Rybakin Vladimir Ilyich - General Director of OAO Uralsvyazinform
Yurpalov Sergei Yurievich - Head of Economic Department at Russian President Authorized Representative’s Office in Urals Federal District
Zholobov Vladimir Semyonovich - Lead Specialist of Corporate Governance Department of OAO Svyazinvest

According to the Company Charter the Board of Directors is elected in the number of 11 members by the General Meeting. The Board also approved the candidates to be elected to the Audit Commission:

Baluyeva Svetlana Ivanovna- Deputy Chief Accountant of OAO Uralsvyazinform
Durnova Elena Alekseevna - Lead Specialist of Corporate Funding and Direct Investment Department of OAO Svyazinvest
Frolov Kirill Viktorovich - Lead Specialist of Internal Audit and Economic Analysis Department of OAO Svyazinvest
Kalashnikova Nadezhda Alekseevna - Deputy Director of Legal Department of OAO Uralsvyazinform, Head of Legal Department of Perm Division of OAO Uralsvyazinform
Kukudzhanova Elena Nikolaevna - Lead Specialist of Internal Audit and Economic Analysis Department of OAO Svyazinvest
Podosinov Sergei Vladimirovich - Lead Specialist of Internal Audit and Economic Analysis Department of OAO Svyazinvest
Prokofieva Irina Viktorovna - Deputy Director – Head of Section at Internal Audit and Economic Analysis Department of OAO Svyazinvest
Yankovski Sergei Borisovich - Deputy Head of Legal Department of OAO Uralsvyazinform

According to the Company Charter the Audit Commission is elected in the number of 7 members by the General Meeting. The Annual General Meeting of Uralsvyazinform is expected to be held in June 2003.