OREANDA-NEWS. Mobile TeleSystems OJSC Board of Directors (BoD) has set the date for the annual general meeting of shareholders (AGM) for June 29, 2007. The record date for the Company’s share- and ADR-holders entitled to participate in the AGM and to receive dividends for 2006 has been set for May 14, 2007.

A total of ten candidates have been nominated for election to the BoD, including four independent candidates.

Other issues entered into the AGM agenda by MTS’ BoD include the approval of the Company’s 2006 annual report, approval of the Company’s financial statements for the year 2006, approval of dividend amount for the year 2006, election of members to the Company’s Auditing commission, approval of the Company’s Auditor, approval of a new MTS Charter and approval of the Statute on compensation of members of the Company’s BoD.