OREANDA-NEWS. Sibirtelecom OJSC (RTS: ENCO/ENCOP, ENCOG/ENCOPG; MICEX: STKM/STKMP, ADR: OTC – SBTLY, Frankfurt and Berlin Stock Exchanges - ISIN: US8257351036, WKN: 260452), the operator of telecommunications services in the Siberian Federal District, presents its results for 9 months of 2006 prepared in accordance with the Russian Accounting Standards (RAS).

The Company’s revenues for 9 months of 2006 amounted to 16,597.1 million rubles, increased by 880.1 million rubles or 5.6% against the same period of the previous year.

The increase of the OIBDA in 9 months of 2006 against the same period of previous year totaled 1,584.3 million rubles or 33.3%. OIBDA margin – 38.2%.

Operating income totaled 4,136.2 million rubles, having increased by 1,297.8 million rubles, or 45.7%. The operating margin is 24.9%.

Net income totaled 2,272.8 million rubles, having increased by 175.8% against the same period of previous year. The net income margin – 13.7%.