The Board of Directors acknowledged legally qualified suggestions of the following shareholders of the Company:

- OJSC «Svyazinvest» (holding 50.688 % of the voting shares);

- Russian Federal Property Fund (holding 9.5916 % of the voting shares);

- «Lindsell Enterprises Limited», «Reardon Enterprises Ltd.» (altogether holding 2.07 % of the voting shares);

- CJSC CB «Citybank» acting on the base of proxies from «Protsvetanie Holdings Limited», «?edvezhonok Holdings Limited», «Lorca Holding Limited» (altogether holding 2.172 % of the voting shares);

- CJSC «UBS Nominees» acting on the base of proxy «Red Hand Investments Limited» (holding 2.367 % of the voting shares).

 

The following persons listed in the legally qualified suggestions have been included in the list of contenders for the Board of Directors of OJSC «CenterTelecom» elections:

 

-  Boris D. Antonyuk – Deputy Minister of Information Technologies and Communication of the Russian Federation

-  Nikolai B. Arutyunov – Head of the Analytic Division of the Moscow representative office of NCH Advisors, Inc.

-  Andrei V. Beskorovayny – Head of the Federal Communication Agency

-  Olga S. Borisova – Expert of the back-office of the «Prosperity Capital Management Ltd.» Moscow representative office

-  Alexander M. Branis – Director of the Moscow representative office of «Prosperity Capital Management Ltd.».

-  Stanislav G. Vartanyan – Executive Director of the Investor Protection Association

-  Valery V. Degtyarev – General Director of CJSC «Professional Telecommunications»

-  Vladimir V. Dudchenko – Head of Analytic Division of the Moscow representative office of «NCH Advisors, Inc.».

-  Alexander N. Kiselev – Aide to the Minister of Information technologies and Communication of the Russian Federation

-  Vladimir V. Kozin – Director of Direct Investments and Assets Department of OJSC «Svyazinvest»

- Dmitry A. Kononov – Deputy Head of Transport and Communications Restructuring Division under Department for State Tariff Regulation and Infrastructure Reforms of the Russian Ministry of Economic Development and Trade

-  Sergei S. Konkov – Head of Department of the Russian Federal Property Fund

-  Sergei I. Kuznetsov – First Deputy General Director of OJSC «Svyazinvest»

-  Natalya V. Loginova – Deputy Head of Division of the Federal Agency on Federal Property Management

-  Olga V. Leyn – Expert in management of unit investment trusts assets of «Prosperity Capital Management Ltd.».

-  Ivan N. Mazalov – Director of the Moscow representative office of «Prosperity Capital Management Ltd.».

-  Dmitry A. Milovantsev – Deputy Minister of Information Technologies and Communication of the Russian Federation

-  Andrei V. Morozov – Lawyer of the Moscow representative office of «NCH Advisors, Inc.».

-  Oksana V. Petrova – Deputy Head of Division under Corporate Governance Department of OJSC «Svyazinvest».

-  Elena A. Pigareva – Senior Expert of the Moscow region Territorial Department of the Federal Agency on Federal Property Management.

-  Victor D. Savchenko – Executive Director – Director of Legal Department of OJSC «Svyazinvest».

-  Elena P. Selvich – Director of Finance Department of OJSC «Svyazinvest».

-  Roman A. Filkin – Director of the Moscow representative office of «Prosperity Capital Management Ltd.».

-  Valery N. Yashin – General Director of OJSC «Svyazinvest»

The following persons listed in the legally qualified suggestions have been included in the list of contenders for the Audit Committee of OJSC «CenterTelecom» elections:

-  Stanislav P. Avdiyants – Executive Director – Director of Economic and Tariff Policy of OJSC «Svyazinvest»;

-  Valentina F. Veremyanina – Deputy Director of Legal Department of OJSC «Svyazinvest»;

-  Elena P. Degtyareva – Senior Expert of Telecommunications Department of OJSC «Svyazinvest»;

-  Olga G. Koroleva – Chief Accountant of OJSC «Svyazinvest»;

-  Sergei V. Podosinov – Head of Division under Internal Audit Department of OJSC «Svyazinvest»;

-  Igor G. Polovnev – Economist of Investor Protection Association;

-  Ilya V. Ponomarev – Deputy Director of Economic Planning and Budgeting Department of OJSC «Svyazinvest»;

-  Ivan V. Topolya – Deputy Head of Division under Accounting Department of OJSC «Svyazinvest»;

-  Alexander V. Shevchuk – Expert of Investor Protection Association.