OREANDA-NEWS. April 24, 2009. Southern Telecommunications Company (“UTK”) (RTS: KUBN, KUBNP; МICEX: UTEL, UTELP; ADR OTC: STJSY, KUE FRA), the principal fixed-line telecommunications provider for Russia’s Southern Federal District, reported that the Company’s Board of Directors adopted the following resolutions (Minutes № 23 of April 17, 2009), reported the press-centre of UTK:

To hold Annual General Shareholders Meeting of Public Joint –Stock Company "Southern Telecommunications Company” on the basis of the reported fiscal year 2008 financial results in the form of joint personal attendance of shareholders on June 26, 2009 at the venue: 66, Karasunskaya Street, Krasnodar. The AGM will open at 11:00 a.m., Moscow time; registration of the shareholders will start  on 26th of June 2009 at 9:00 a.m., Moscow time;

To set 7 May 2009 as the cut-off date for making up a list of shareholders entitled to participate in UTK’s Annual General Shareholders Meeting and to receive 2008 dividend.

To determine the following mailing addresses at which the shareholders can send their filled voting instruction cards:

66, Karasunskaya Street, Krasnodar, 350000

mailing box 162, 15a, Kalanchevskaya Str., Moscow, 107078, for Registrar of "Southern Telecommunications Company" PJSC -  “Obyedinyonnaya Registratsionnaya Kompaniya” OAO.