OREANDA-NEWS. May 13, 2011. Rostelecom (the “Company”) (RTS, MICEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that its newly issued shares have commenced trading on the CJSC Moscow Interbank Currency Exchange (“MICEX”). The newly issued Rostelecom ordinary shares were placed on April 1, 2011, through the conversion of securities comprising ordinary and preferred shares of the companies which were merged with Rostelecom on April 1, 2011.

The newly issued securities will trade independently on the MICEX for a three month period starting April 28, 2011, as 17 separate issues of Rostelecom ordinary shares and one issue of Rostelecom preferred shares. Following the end of the three month period, the 17 issues of Rostelecom ordinary shares will be merged into a single Rostelecom ordinary share. The trading of the unified single ordinary share and the preferred share in OJSC Rostelecom on the MICEX is expected to commence at the beginning of August 2011.

Until the newly issued shares are merged into a single security, they will be trading on the MICEX under the following tickers:

RTKM-002D for ordinary shares of Rostelecom (registered number 1-01-00124-A-002D)

RTKM-003D for ordinary shares of Rostelecom (registered number 1-01-00124-A-003D)

RTKM-004D for ordinary shares of Rostelecom (registered number 1-01-00124-A-004D)

RTKM-005D for ordinary shares of Rostelecom (registered number 1-01-00124-A-005D)

RTKM-006D for ordinary shares of Rostelecom (registered number 1-01-00124-A-006D)

RTKM-007D for ordinary shares of Rostelecom (registered number 1-01-00124-A-007D)

RTKM-008D for ordinary shares of Rostelecom (registered number 1-01-00124-A-008D)

RTKM-009D for ordinary shares of Rostelecom (registered number 1-01-00124-A-009D)

RTKM-010D for ordinary shares of Rostelecom (registered number 1-01-00124-A-010D)

RTKM-011D for ordinary shares of Rostelecom (registered number 1-01-00124-A-011D)

RTKM-012D for ordinary shares of Rostelecom (registered number 1-01-00124-A-012D)

RTKM-013D for ordinary shares of Rostelecom (registered number 1-01-00124-A-013D)

RTKM-014D for ordinary shares of Rostelecom (registered number 1-01-00124-A-014D)

RTKM-015D for ordinary shares of Rostelecom (registered number 1-01-00124-A-015D)

RTKM-016D for ordinary shares of Rostelecom (registered number 1-01-00124-A-016D)

RTKM-017D for ordinary shares of Rostelecom (registered number 1-01-00124-A-017D) 

OJSC Rostelecom newly issued ordinary shares have been traded on the RTS along with the shares of the previous issue since May 4, 2011.