OREANDA-NEWS. June 04, 2010. Rostelecom (RTS, MICEX: RTKM, RTKMP; OTCQX: ROSYY)  hereby announces the results of public tenders for selecting credit institutions to stipulate contracts on extending non-revolving credit lines in 6 lots:

Lоt 1 and Lоt 2 related to contracts on extending non-revolving credit lines with a limit of RUR 5,000,000,000 (five billion) each. The term is 36 (thirty six) months from the date on which the contract is concluded to extend the credit line. The starting (maximum) annual interest rate is 8.8% (eight point eight percent).

Lоt 3 and Lоt 4 related  to  contracts  on  extending non-revolving credit lines with a limit of RUR 5,000,000,000  (five billion) rubles each for a term of 30 (thirty) months from the date on which the contract is concluded to extend the credit line. The starting (maximum) annual interest rate is 8.7% (eight point seven percent).

Lоt 5 and Lоt 6 related to contracts on extending non-revolving credit lines with a limit of 5,000,000,000 (five billion) rubles each. The term is 24 (twenty four) months from the date on which the contract is concluded to extend the credit line. The starting (maximum) annual interest rate is 8.6% (eight point six percent).

All in all, six banks participated in the tenders. There were three to four contenders for each lot.

Sberbank of Russia was declared the winner of each lot.

Lot # 1: The annual interest rate is 7.92%.

Lot # 2: The annual interest rate is 8.20%.

Lot # 3: The annual interest rate is 8.13%.

Lot # 4: The annual interest rate is 8.10%.

Lot # 5: The annual interest rate is 8.01%.

Lot # 6: The annual interest rate is 7.28%.