Press-releases

February 5, 2008, Moscow: COMSTAR – United TeleSystems JSC (COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, is constructing a virtual private network (VPN) for Tanuki-ERSH, a popular Moscow restaurant chain.

February 4, 2008, Moscow: COMSTAR – United TeleSystems JSC (COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, announced a partnership agreement between COMSTAR-Direct CJSC, the premier broadband Internet access provider (STREAM brand), a member of COMSTAR-UTS, and BUKA CJSC, one of the leading publishers and distributors of computer games in Russia.

February 1, 2008, Moscow: COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the leading provider of integrated telecommunication services in Russia and the CIS, announces that the Board of Directors of Moscow City Telephone Network JSC (MGTS), the member of COMSTAR-UTS, has appointed Nikolay Maksimenka to the post of temporary MGTS' CEO. The new CEO will take up its duties on February 4, 2008.

February 1, 2008, Moscow: COMSTAR – United TeleSystems (COMSTAR-UTS, LSE: CMST), the leading provider of integrated telecommunication services in Russia and the CIS, announced the online auction conducted in the SETonline system for the right to sign a vehicle rental and transport services contract for the needs of MGTS JSC, COMSTAR-UTS JSC and COMSTAR-Direct CJSC.

“COMSTAR – United TeleSystems” JSC (“Comstar” or “the Company”) (LSE: CMST) today announced that it has started building a wireless broadband network based on the 802.16e standard WiMAX technology in the Republic of Armenia. The project is expected to be completed in the second part of 2008.