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Tender to Place Corporate Bonds Series 08 Announced

05.10.2007

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Ekaterinburg – October 05, 2007 – Uralsvyazinform (RTS: URSI/URSIP) the leading carrier of fixed-line and mobile services in the Urals region, Russia announces tender for financial services to place 08 series bond issue.

Uralsvyazinform announced today the planned open tender to designate the financial institution for rendering financial services on securities market:

Lot #1. Right to conclude agreement on rendering services of financial advisor;
Lot #2. Right to conclude agreement on placement of 08 series bond issue.

The loan will amount RUR 2 bln. planned for the beginning of April 2008. The borrowing is supposed to re-balance the existing corporate debt.

Tender bids are accepted from 09.00 a.m. October 06, 2007 until 01.00 pm November 05, 2007. Tender commission will examine the accumulated bids, sum up tender results and announce the winner on November 06, 2007.

More information about the tender and accompanying documentation are available from this web-site at Press-Center section.

For additional information, please contact IR department on tel. +7 343 379 1219, +7 343 379 1859 or e-mail: [email protected].
The most recent company information is also available from this website and www.skrin.ru (complex disclosure information system) or URSI_RU page in Bloomberg system and URSI.RTS page in Reuters system.