Far East Telecom hereby announces that the following decision was made at the February 11, 2004meeting of the Federal Securities Commission of Russia:
- to register an issue of common nominal non-document shares and an issue of preferred common nominal non-document shares of open joint stock company Far East Telecom, which are to be placed by swapping shares with shares of the same category (type) with a larger nominal value.
Common nominal non-document shares:
1. Number of securities in the issue: 95,581,421.
2. Nominal value of each security in the issue: Rub 20.
3. Total amount of the issue (at par value): Rub 1,911,628,420.
4. State registration number: 1-01-30166-F-008D
Preferred nominal non-document shares:
1. Number of securities in the issue: 31,168,901.
2. Nominal value of each security in the issue: Rub 20.
3. Total amount of the issue (at par value): 623,378,020.
4. State registration number: 2-01-30166-F-008D
The date for swapping shares in accordance with the registration decision on the issue will be February 24, 2004(the first working day at the end of 10 (ten) calendar days from the date of state registration of the share issue). Beginning on this date, in accordance with Article 27.6 of the federal law ‘On the securities market” secondary trading in Far East Telecom’s shares will be suspended until such time as the share issue reports have been registered.
Following the registration of reports on the results of the shares issue, Far East Telecom’s charter capital will stand at Rub 2,535,006,440.
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