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June 30, 2009

Subscribers of TTK can pay for services through the payment acceptance network of CyberPlat® system

Company TTK, one of the leaders in the national fixed-line telecommunication market, expands possibilities of paying for its services through the CyberPlat® payment acceptance network – the largest one in Russia by the number of payment acceptance outlets. The CyberPlat® payment system constantly expands the range of services that can be paid for in its marketing network.

According to strategy for 2008-2015, ??? actively develops new business lines in regions of the Russian Federation: services of broadband access to the Internet, local, international and long-distance communication for end users. Providing subscribers with a possibility of making payments in a convenient place and at convenient time is the important condition of successful development. After connection of ??? to the CyberPlat® system, subscribers of the company will have an opportunity of fast and convenient payment for the telecommunication services and the Internet access in more than 210 thousand payment acceptance outlets throughout Russia.

Retail chains, supermarkets, gas filling station, networks of payment terminals, electronics stores and other payment acceptance outlets, connected to the CyberPlat® payment system will allow instant payment for the services of ??? in practically any point of presence of the provider. Access to many payment acceptance outlets is granted round-the-clock, therefore, not only subscribers of ??? have an opportunity to pay for the services of their operator quickly and comfortably, but to do it at any time as well,” — Andrey Gribov, President & CEO of CyberPlat OJSC, noted.

Not only should it be convenient for subscribers, regardless of their place of residence, to receive our services, but to pay for them as well. The CyberPlat® and its partners’ payment acceptance network, which covers the entire country, offer such an opportunity. Now we are closer to our customers,” - Andrey Semin-Vadov, the First Vice-President of ??? stated.”

CYBERPLAT OJSC is the leading Russian Internet company offering its services in the e-commerce segment, including payment processing and secure online document interchange. The company’s product CyberPlat®, the universal multibanking integrated internet-payment system, is the leader in the payment acceptance market. Currently, the CyberPlat® cash acceptance network consists of more than 400,000 outlets around the world accepting cash payments for the benefit of the leading telecommunication service providers, commercial television and numerous service providers, including Beeline, MTS, MegaFon, Tele2, NTV-Plus and many others. The CyberPlat electronic payment processing system is the member of the GSM World Association and Russian Infocommunication Union. The total turnover of the system comprised $6.5 billion in 2008. BDO Unicon is the official auditor of CyberPlat®.

Joint Stock Company "Company TransTeleCom" (trademark - TTK) was founded in 1997. The major shareholder is Joint Stock Company "RZhD". Today, Company TTK operates and services the largest fiber-optic communication network in Russia, with a length of more than 53,000 km and a network capacity of 50 Gbps. The network is laid along the railways, and has more than 1,000 access nodes in all regions of Russia and connects Europe and Asia. 17 regional enterprises created in the largest Russian cities provide TTK services all over the country.

The Company is one of five leading alternative operators of fixed communication and provides 37% of long-distance channel lease, occupies 35% in the segment of backbone Internet and 35% in the IP VPN market. The consolidated return of the group of TTK companies in 2008 was 27.5 billion rubles with a net profit of 1.9 billion rubles.

Currently, TTK has implemented large-scale telecommunications projects for state organizations and large commercial corporations. The Company’s customers include the Ministry of Emergency Situations, Ministry of Internal Affairs, Regional customs authorities, the Russian Academy of Sciences, Roskosmos, OKB Sukhoy, KnAAPA, Sberbank, Alfa-Bank, Russian Standard Bank, Ingosstrakh, Uralsib, Norilskiy Nikel, SUAL, PG MAIR, YevrazRuda, Yevrokhim, Vympelcom, Megafon, MTS, and VGTRK.

TTK actively operates on the international market. The transcontinental route EurasiaHighway arranged by Company TTK is the most efficient telecommunications route between European and Asian countries.

TTK carried out rebranding and started implementation of a new strategy until 2015 in May, 2008. The principal trends of the company’s activity are: large scale development of broadband Internet in provinces, local, international and long-distance communication for end users and communication providers, other services in the retail communication market. The increase of revenue in 2015 is estimated as more than 2.5 times.

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