Moscow, Russia – 3 June, 2013– Rostelecom OJSC (the “Group”) (MICEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that it has launched the first part of its LTE network in Sochi, thereby fulfilling its licensing requirements. Rostelecom plans to build LTE networks in eight regions by the end of this year.

At present, Rostelecom-South is continuing to roll out LTE networks in Krasnodar and Sochi, and also in the areas where the Olympic Games will take place (the Mountain and Coastal Clusters).

Alexander Shipulin, Vice-president and Director of Rostelecom-South, commented: “LTE technology enables our customers to access the most up-to-date multimedia services including video playback (including HD), online games, maps and other interactive services. Therefore, many tourists, sportsmen and fans will be able to instantly share their videos of their holidays and the games.”

Rostelecom plans to launch its LTE networks in other regions besides Karsnodar Krai in 2013 including Khanty-Mansi Autonomous Okrug-Yugra, Republic of Khakassia, Republic of North Ossetia–Alania, Sakhalin Oblast, Chukotka Autonomous Okrug, Nenets Autonomous Okrug and the Jewish Autonomous Oblast.