Rostelecom OJSC: Statement re Conference Call to Discuss Rostelecom’s Financial and Operational Results for the Third Quarter

  Rostelecom OJSC: Statement re Conference Call to Discuss Rostelecom’s
  Financial and Operational Results for the Third Quarter and Nine Months of
  2012

UK Regulatory Announcement

MOSCOW

CONFERENCE CALL TO DISCUSS ROSTELECOM’S FINANCIAL AND OPERATIONAL RESULTS FOR
                  THE THIRD QUARTER AND NINE MONTHS OF 2012

Wednesday, 21 NOVEMBER 2012

7.00 AM (ET) / 12.00 PM (UK) / 1.00 PM (CET) / 4.00 PM (MOSCOW)

Host:

Masha Eliseeva – Head of Investor Relations

Speakers:

Alexander Provotorov – President and Chief Executive Officer

Anton Khozyainov – Senior Vice President

Mikhail Magrilov – Vice President for Strategy and Operational Efficiency

To participate in the conference call, please dial:

Russia              +7 495 580 9543
UK/ International:   +44 208 515 2319
US:                  +1 480 629 9819

A replay of the conference call will be available on the Company’s website
http://www.rostelecom.ru/en/ir/results_and_presentations/financials/2012/ in
due course.

Rostelecom (www.rostelecom.ru) is Russia’s largest national universal
telecommunications operator. Rostelecom has the largest domestic backbone
network and a unique ‘last mile’ infrastructure to access millions of
subscribers across Russia. The Company holds licences to provide a wide range
of telecommunications services, including fixed and mobile telephony,
broadband Internet access, pay TV and cloud solutions, to residential,
corporate and governmental subscribers and third party operators across all
regions of the Russian Federation. Rostelecom continues to lead in delivering
high-quality internet services. The total capacity of its clients’ connections
exceeds 2.3 Tb / s, which is a record among Russian operators. Rostelecom
cooperates with 600 national and international fixed line and mobile
operators, which gives the Group direct access to over 150 operators’ networks
in 70 countries. Rostelecom also jointly operates international submarine
cable networks.

Rostelecom’s ordinary and preferred shares are traded on the MICEX-RTS (RTKM,
RTKMP) stock exchange, and its depository receipts are traded over-the-counter
in the United States on the OTCQX under the symbol ‘ROSYY’. Rostelecom was
assigned a ‘BBB-’ and ‘BB+’ international credit ratings by Fitch Ratings and
Standard & Poor’s respectively, both with a ‘Stable’ outlook. Rostelecom had
27.8 million local fixed-line voice subscribers, 12.9 million mobile voice
subscribers, 8.6 million fixed-line broadband subscribers and 6.2 million
pay-TV subscribers at the end of 2Q 2012. The Group generated RUB 159.9
billion of consolidated revenues, RUB 64.7 billion of OIBDA (40.5% of
revenues) and RUB 23.4 billion of net income for the six months ended June 30,
2012.

Contact:

Rostelecom OJSC