OREANDA-NEWS. April 13, 2010. On April 09, 2010 VolgaTelecom’s Board of directors set the date of holding annual general meeting of the Company’s shareholders – June 21, 2010.

Shareholders annual general meeting will be held at: Dom Svyazi, M. Gorky Square, Nizhny Novgorod, the Russian Federation. The start time of shareholders annual general meeting holding is 10-00 a.m. (local time) of June 21, 2010, the start time of registration of persons participating in shareholders annual general meeting is 08-00 a.m. (local time) of June 21, 2010.

The mailing addresses where the filled in ballots may be sent to:

• Dom Svyazi, M. Gorky Square, Nizhny Novgorod, 603000;

• 4-th Floor, Business Center “Omega Plaza”, 19 Leninskaya Sloboda Street, P.O.Box 151, Moscow, 115280.

The list of persons entitled to participate in the annual general meeting of shareholders will be drawn up as of May 04, 2010.