Uralsvyazinform is scheduled to hold a board of director's meeting on January 29 to discuss the following issues: 

• - raising charter capital;
• - passing resolutions to issue the emission prospectus for common and preferred shares;
• - placing OJSC Uralsvyazinform bonds and approving issue resolutions.

All of the above-mentioned papers are to be placed by swapping them into securities in OJSC Uralsvyazinform from those of OJSC Uraltelecom, Sverdlovsk region, OJSC Svyazinform, Chelyabinsk region, OJSC Tyumentelecom, OJSC Elektrosvyaz, Kurgan region, OJSC Khantymansiiskokrtelecom and OJSC Yamalelektrosvyaz.

Following approval by the Board of Directors, all the required documents are to be submitted to the Federal Securities Commission for state registration of the issues.