The following parameters of issues were fixed:

• Non-convertible interest-bearing documentary bearer bonds of 04 series with nominal value of RUR1,000 (one thousand), the total amount of 3,000,000 bonds, the total value of RUR3,000,000,000 (three billion) and obligatory centralized custody. The placement price is determined as equal to 100 percent of nominal value of bonds starting with the first and next consecutive days of placement.

  The bonds are redeemed on the 1092nd day (one thousand ninety-second) since the first placement day. The advanced repayment of bonds is not provided. The bonds will be placed through a public subscription.

• Non-convertible interest-bearing documentary bearer bonds of 05 series with nominal value of RUR1,000 (one thousand), the total amount of 2,000,000 bonds, the total value of RUR2,000,000,000 (two billion) and obligatory centralized custody. The placement price is determined as equal to 100 percent of nominal value of bonds starting with the first and next consecutive days of placement.

  The bonds are redeemed on the 1092nd day (one thousand ninety-second) since the first placement day. The advanced repayment of bonds is not provided. The bonds will be placed through a public subscription.

The interest rates of the first coupon will be determined through market consensus on the first day of placement. The coupon payments will be effected semiannually. The Decision of Issue stipulates for 6 coupon periods 182 days each.

The Board of Directors will set the exact date of placement later on, depending on the situation on the market.

OAO "Promstroibank" (OAO "Promyshlenno-Stroitelny Bank") and Joint-Stock Commercial "ROSBANK" act as the issue managers.

The borrowed money will be used to supply the company’s investment activities and restructure the existing debts.

For additional information, please contact IR department on tel. (007 3422) 136-598 or e-mail: investor@usi.ru.