On July 29, 2004 the Board of Directors set up four committees:

• Corporate Governance Committee;
• Committee for Strategic and Investment Planning and Budgeting;
• Personnel and Remuneration Committee;
• Audit Committee.

Corporate Governance Committee:
Committee Chairman
Alla Grigorieva
Uralsvyazinform Board member, Deputy Director and Head of Section of Corporate Governance Department at OAO Svyazinvest
Vladimir Dudchenko
Uralsvyazinform Board member, Head of Research at Moscow office of NCH Advisors, Inc
Vladimir Kozin
Uralsvyazinform Board member, Director of Direct Investment and Property Department at OAO Svyazinvest
Igor Belikov
Director of Non-profit Partnership Russian Institute of Directors
Dmitry Samoilov
Deputy General Director for Corporate Governance at OAO Uralsvyazinform

Committee for Strategic and Investment Planning and Budgeting:
Committee Chairman:
Sergey Yurpalov
Uralsvyazinform Board member, Head of Department for Interaction with Local Federal Executive Authorities and Regional State Authorities at the Office of Authorized Representative of President in Urals Federal District
Vladimir Adzhalov
Uralsvyazinform Board member, Advisor to General Director of OAO Rostelecom
Stanislav Panchenko
Uralsvyazinform Board member, Deputy General Director of OAO Svyazinvest
Elena Zabuzova
Director of Economic Planning and Budgeting Department of OAO Svyazinvest
Anatoly Ufimkin
Senior Deputy General Director of OAO Uralsvyazinform
Nikolai Levin
shareholder

Personnel and Remuneration Committee:
Committee Chairman:
Leonid Perminov
Uralsvyazinform Board member, shareholder
Sergey Chernogorodsky
Uralsvyazinform Board member, Director of Shareholder Equity Department of OAO Svyazinvest
Nadezhda Philippova
Executive Director - Director of Human Resourses Department at OAO Svyazinvest

Audit Committee:
Committee Chairman:
Vladimir Dudchenko
Uralsvyazinform Board member, Head of Research at Moscow office of NCH Advisors, Inc
Vladimir Adzhalov
Uralsvyazinform Board member, Advisor to General Director of OAO Rostelecom
Sergey Chernogorodsky
Uralsvyazinform Board member, Director of Shareholder Equity Department of OAO Svyazinvest

The Board also considered the candidate of the Corporate Secretary, approved Provision on the Corporate Secretary and its team. Vadim Belov, the Board Chairman and Deputy General Director of OAO Svyazinvest believes that those decisions characterise the company policy of high corporate governance and corporate ethics standards.

For additional information, please contact IR department on tel. (007 3422) 136-598 or e-mail: investor@usi.ru.
The most recent company information is also available at www.uralsviazinform.com or URSI_RU page in Bloomberg system.