OREANDA-NEWS. June 14, 2007. The annual general shareholders meeting of Central Telegraph will be held on June 19, 2007 at 2 pm at the following address: Tverskaya St. 7, Moscow, 125375.

The main items on the agenda are the following:

1) Approval of the annual financial statement, the annual accounting reports, including the P&L statement (profit and loss accounts) of the Company and profit allocation (including dividend payouts) and losses of the Company based on the results of the 2006 financial year.
2) Election of members of the Board of Directors of the Company.
3) Election of members of the Company’s Audit Committee.
4) Approval of the Company’s 2007 Audit.
5) Making amendments and additions to the Company Charter.
6) Making amendments and additions to the Company’s Statute on the Board of Directors.
7) Determining the amount of remuneration payable to members of the Company’s Board of Directors.

The list of persons eligible to attend the annual general shareholders meeting was compiled on the basis of data from the shareholder register with the cut-off date on May 10, 2007.

Owners of the Company’s common shares are vested with the right to vote on issues placed on the AGM agenda.

Shareholder registration will take place on June 19, 2007 beginning at 12 o’clock noon.