Moscow, April 1, 2005. In March 2005 CenterTelecom awarded VIP Client Certificates to the major businesses of the Central Federal District of the Russian Federation - the company's VIPs.

Delivery of VIP Client Certificates finalizes the first stage of creation of CenterTelecom's uniform high-efficiency VIP Client Interaction Systems, which allows not only to boost the company's competitive power in the regional telecommunication markets, but also provides an opportunity to offer the company's VIP clients the highest level of service everywhere in the Central Federal District of the Russian Federation.

According to CenterTelecom General Director Ruben Amaryan, the development of cooperation with large corporate clients is one of the priority areas of the company's activity. "Currently the local branches of the Savings Bank of Russia and the Central Bank of Russia, the regional divisions of the Federal Tax Service, the Pension Fund, Lebedinsky Mining-And-Processing Integrated Works, Mebel Chernozemya Holding Company, Kaluzhskaya Pivovarennaya Kompaniya (Kaluga Brewing Company), Svobodnyy Sokol Lipetsk Metal Works, Tambov State Technical University, Tverskoi Vagonostroitelnyi Zavod (Tver Car-Building Factory), Konstruktorskoe Byuro Priborostroeniya (Instrument Design Bureau State Unitary Enterprise) and others are among our VIP clients. Separating the work with VIP clients has considerably increased the loyalty of the businesses, which has a positive impact on CenterTelecom in general," - pointed out Ruben Amaryan.

For more information please contact:
Information Policy Department Director
Yana Lavrentyeva
+7(095)793-24-86
pr@centertelecom.ru

CenterTelecom is a leading fixed telecommunications company providing a wide range of telecom services in the Central Federal District, where over 20% of the population of Russia resides. CenterTelecom offers the full range of telecommunication services, including fixed telephony, Internet, IP-telephony, data transmission, cable TV, wired and VHF broadcasting. The company actively develops modern multiservice and SDH networks as well as new WLL systems. The Company trades on RTS (ESMO, ESMOP), Moscow Interbank Currency Exchange (CTEL, CTELP) and has ADR Level 1 common stock program (CRMUY).