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Golden Telecom

September 20, 2005

ROL Turns Ten

MOSCOW, Russia (September 20, 2005) – Golden Telecom, Inc. (NASDAQ: GLDN), a leading facilities-based provider of integrated telecommunications services throughout Russia and other countries of the Commonwealth of Independent States (“CIS”), celebrates the tenth anniversary of ROL.

ROL is Russia’s largest dial-up Internet provider. Internet services to private consumers were initially offered in 1995 under the trademark Russia-On-Line. In 2001, the trademark was changed to ROL. Today ROL provides dial-up Internet access services in more than 50 cities in Russia and the CIS, as well as global roaming services in 150 countries. The number of active ROL users is approximately 400,000. Continuous improvement in the quality of service, employment of the latest technologies, and geographical expansion of services are all key components to ROL’s success.

In 2004, Golden Telecom and ROL won official recognition as the best Runet (Russian Internet) provider presented by the Federal Agency for the Press and Mass Communications. This award demonstrated that the head of the federal agency, corporate chief executives, and leading communications industry experts have fully appreciated the significance of what Golden Telecom and ROL have thus far accomplished in the Internet and telecommunications industry. 

Jean-Pierre Vandromme, Chief Executive Officer of Golden Telecom, commented, “For over ten years, ROL has enjoyed the position of being an acknowledged national leader in providing Internet access, offering services throughout Russia, from Kaliningrad in the west to Vladivostok in the east, and also in Uzbekistan and Kazakhstan. However, ROL is not just a provider, but thanks to ROL, the Internet in Russia has become a lifestyle, a basis for prosperity, and an inexhaustible source of knowledge for many Internet users. During the past decade, the Internet has become a part of everyday life for an entire generation.”

 

About Golden Telecom (www.goldentelecom.com):

Golden Telecom, Inc., (NASDAQ: “GLDN”) is a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”).  The Company offers voice, data and Internet services to corporations, operators and consumers using its metropolitan overlay network in major cities including Moscow, Kiev, St. Petersburg, Nizhny Novgorod, Samara, Kaliningrad, Krasnoyarsk, Almaty, and Tashkent, and via intercity fiber optic and satellite-based networks, including approximately 233 combined access points in Russia and other countries of the CIS. The Company offers mobile services in Kiev and Odessa.

ROL ?? (a registered trade mark of the Golden Telecom group) is a national ISP providing dial-up Internet access services in over 50 cities in Russia and the CIS, as well as global roaming services in 150 countries of the world. The number of active ROL users is approximately 400,000. ROL owns popular Russian Internet resources, such as the Aport search engine www.aport.ru, the Omen entertainment portal www.omen.ru, the ROL Internet magazine www.rol.ru, an essays bank www.referat.ru, and other popular Internet sites and resources.

 

For additional information please contact:

 

Public relations:

Anna Chin Go Pin

e-mail: achin@gldn.net

tel.: +7-095-797-9300

fax: +7-095-797-9332

 

Investor Relations:

Ranjit Singh

e-mail: ir@gldn.net

tel.: +7-095-797-9300

fax: +7-095-797-9331

www.goldentelecom.ru

 

 

 

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