Press-releases

November 20, 2008, Moscow. COMSTAR – United TeleSystems (OAO COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS announced Igor Shcherbik was appointed Director General of OOO COMSTAR-Ukraine, a subsidiary of COMSTAR-UTS in the Ukraine.

Moscow, Russia – November 17, 2008 – “COMSTAR – United TeleSystems” JSC (“Comstar” or “the Group”) (LSE: CMST), the largest integrated telecommunications provider in Moscow and 67 Russian cities, today announced that all of the share options allocated under its 2006-2008 incentivisation programme have been exercised.

November 13, 2008, Moscow. COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS announced of the accomplished building of multi-service data network based on NGN solutions (Next Generation Network) for OOO COMSTAR-Ukraine, a subsidiary of COMSTAR-UTS in the Ukraine.

November 11, 2008, Moscow. COMSTAR – United TeleSystems (OAO COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, received a notice from Federal Service for Supervision in the Sphere of telecom and mass communications (Rossvyazcomnadzor) to the effect that a number of licenses has been granted to the operator allowing to provide communication services at the territory of Ryazan Region.