OJSC “Uralsvyazinform" (RTS and the Moscow Interbank Stock Exchange: URSI/URSIP, ÀÄÐ: UVYZY/UVYZYP) - the leading carrier of fixed-line and mobile services in the Urals region, Russia - informs on accomplishment of obligations for the shares redemption shown by the company shareholders concerning the current reorganization in the form of joining to OJSC “Rostelecom”.

The total of redeemed shares according to the report on results of the requirements shown:

- 214 854 899 nominal paperless ordinary shares for a total sum RUR 210 557 801,02;

- 500 334 220 nominal paperless preferred shares type A for a total sum of RUR 490 327 535,60.

The shown shares are redeemed at the price of 0,98 rbl. Payment for redeemed actions is made by money resources.

The total sum of means for shares redemption, made up RUR 700 885,3 thousand or 2,4 % of net wealth of OJSC “Uralsvyazinform” for date of reorganization approval.