Nizhny Novgorod, July 2004: On July 20, Volga Telecom’s Board of Directors resolved to form the company’s Management Board with 14 seats. The term of the new Management Board has been set until July 15, 2005.

The following persons are to sit on the Management Board:

1. Chairman of the Management Board – Lyulin Vladimir Fyodorovich – Director General of VolgaTelecom; 

2. Kirillov Alexander Ivanovich – I Deputy Director General (Technical Director);

3. Sipatova Taisiya Mikhailovna – I Deputy Director General for Economy and Finances;

4. Grigoriyeva Lubov Ivanovna – Deputy Director General for Corporate Development;

5. Vistorop Vasiliy Petrovich – Deputy Director General for Personnel Development;

6. Diyakonov Mikhail Vasiliyevich – Deputy Director General for Capital Construction;

7. Sklyarov Ivan Petrovich – Deputy Director General for Marketing;

8. Evdokimov Oleg Lvovich – Deputy Director General for Information Technologies;

9. Petrov Mikhail Viktorovich – Deputy Director General for MobileCommunications;

10. Elkin Sergey Leonidovich – Deputy Director General – Director of the Samara branch;

11. Korolkov Oleg Animpadistovich – Deputy Director General – Director of the Saratovbranch;

12. Schukina Elvira Konstantinovna – Director of the Legal Department of VolgaTelecom;

13. Popkov Nikolai Ivanovich – Chief Accountant of VolgaTelecom;

14. Kormilitsina Ludmila Alexeevna – Deputy Director of the Telecommunications Department of Svyazinvest.