Shareholders have approved reorganization of "Uralsvyazinform" in the form of joining to "Rostelecom", have confirmed the Contract on joining and the Transfer certificate. Contract includes the following converting of "Uralsvyazinform" shares to "Rostelecom" ones:

- 87,341 placed ordinary shares of "Uralsvyazinform", a book-value is 0,12 roubles, are converted to one additional ordinary share of "Rostelecom" with a book-value 0,0025 roubles each;

- 111,602 placed preference shares of "Uralsvyazinform", a book-value is 0,12 roubles, are converted to one additional ordinary share of "Rostelecom" with a book-value 0,0025 roubles each.

To participate in voting for reorganization, the shareholders possessing in aggregate of 70,68 % from voting (ordinary and preference) actions were registered. For reorganization 97,86 % of shares have voted.

The General Director of "Svyazinvest", the Chairman of "Uralsvyazinform" Board of Directors Evgeniy Yurchenko has thanked shareholders for support in creation of the united national operator on the basis of "Rostelecom" which will be the goal of merging the inter-regional companies of communication. As he said, as a result of reform under the aegis of the state the world's largest telecommunication company by the size of networks, by territory coverage will be created. After merging there will be the integrated competitive company rendering a full scale of services – fixed and a mobile communication, data transmission and Internet access. It is possible to predict, that incorporated "Rostelecom" will enter into ten the largest companies of Russia on capitalization.

Creation of united national communication company on the basis of "Rostelecom" gives the big possibilities – for the state, for shareholders, for labour collectives and for subscribers, as the General Director of Open Society "Uralsvyazinform" Sergey Lukash cosiders. The State will strengthen its positions in strategic branch. It is important for shareholders, that securities of the incorporated company will raise the liquidity and the status among «blue counters». Advantages to subscribers consist that at the expense of uniting of networks, technical, investment, intellectual resources reliability and quality of services will raise, new services and technologies will take root more actively. At last, successful business is a source of well-being of the company’s staff.

According to the agenda shareholders confirmed the annual report, the annual accounting reporting, including the report on profits and losses of company (accounts of profits and losses), and also profit distribution of company (including payout of dividends) by results of accounting 2009.

Meeting of shareholders the following decision on distribution of net profit of "Uralsvyazinform" for 2009 is accepted:

- payout of dividends for preference shares – 406 896 923 roubles(10 % from net profit);

- payout of dividends for ordinary shares – 610 350 084 roubles(15 % from net profit);

- increase in own capital of the company – 3 051 687 371 roubles(75 % from net profit).

 Dividends under company actions are confirmed next size:

- 0,051927 roubles on one preference share(+51,9 % to level of 2008);

- 0,018897 roubles on one ordinaryaction (+51,9 % to level of 2008).

As results of voting in Open Society "Uralsvyazinform" Board of Directors 11 persons are selected:

- Batmanov Michael Vladimirovich, the Deputy Director of Department for corporate governance and legal maintenance of "Svyazinvest";

- Golubitsky Bogdan Ivanovich,the chief executive – the Director of Department for economic planning and budgeting of "Svyazinvest";

- Dudchenko Vladimir Vladimirovich, the Director for operations of the Moscow representation of NCH Advisors, Inc.;

- Koroleva Olga Grigorevna, the Chief Accountant of "Svyazinvest";

- Kulikov Denis Viktorovich, the Chief Executive of Association for protection of the investors rights;

- Lebedev Edward Vasilevich, the Adviser of the General Director of "Uralsvyazinform";

- Lukash Serguei Alekseevich, the General Director of "Uralsvyazinform";

- Milyukov Anatoly Anatolevich, the Executive Vice-President «GPB» (Open Society);

- Provotorov Alexander Jurevich, the first assistant to the General Director of "Svyazinvest";

- Umnova Elena Vladimirovna, the Deputy General Director of "Svyazinvest";

- Yurchenko Evgenie Valerevich, the General Director of "Svyazinvest".

"Uralsvyazinform" Revision Committee:

- Arhipova Irina Aleksandrovna, the Deputy Director of Department of economic planning and budgeting of "Svyazinvest";

- Veremyanina Valentina Fedorovna, the Chief Executive – the Director of corporate governance and legal maintenance department of "Svyazinvest";

- Voronkova Svetlana Fedorovna, the Main Expert of Department of the accounting, tax and statistical account of "Svyazinvest";

- Degtyaryova Elena Petrovna, the Main Expert of Department of intermediate term planning of "Svyazinvest";

- Lunina Anna Sergeevna, the Main Expert of Department of a corporate governance and legal maintenance of "Svyazinvest";

- Topolya Ivan Vladimirovich, the Deputy Chief Accountant of "Svyazinvest";

- Tchernikova Tamara Alekseevna, the Deputy Director of the finance department of "Svyazinvest".

KPMG has been confirmed as the Auditor of the company for annual obligatory audit of book keeping and the accounting (financial) reporting according to the RAS and IAS (it is earlier recognised asthe winner of competition among the auditor organizations).

Decisions of shareholders' meeting also include changes to Charter of "Uralsvyazinform" and to Charter of Board of Directors.