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February 21, 2006

CyberPlat® is the Leader in Receiving MTS Subscribers Payments

The CyberPlat® payment system has again proved its leadership in receipt of payments from subscribers of OJSC "Mobile TeleSystems". The MTS company has rated the CyberPlat® payment system first as regards overall volume of payments received from its users in 2005.

The OJSC "Mobile TeleSystems" (MTS) is the leading cellular operator in Russia and CIS countries serving over 59,5 million active users. The license portfolio of MTS includes most of regions of Russia, Ukraine, Belarus, Uzbekistan, Turkmenistan and Kyrgyzstan while people residing on the licensed territory of the company include 238,2 million persons.

CyberPlat® is the first Russian universal multibank payment system realizing payments to communication operators, Internet, satellite and cable television providers, payment for public utilities and energy supply. The company has been operating in the electronic payment market for 8 years. The CyberPlat® turnover amounted to 1 billion and 120 million dollars (over 32 billion roubles) in 2005.

Thanks to of cooperation of MTS and CyberPlat®, today services available for users of this operator include a wide network of payment offices. They include popular public places like shops, drug stores, post offices, communication shops, payment terminals and gas stations. The total number of CyberPlat® payment receipt offices increased more than fourfold in 2005 and now make 16 000. In any of them MTS subscriber can replenish their account with any amount which will arrive on their accounts immediately.

The OJSC "Mobile TeleSystems" awarded the leading Russian electronic payment system CyberPlat with a diploma and a memorable prize for the work carried out last year and for the first rank in volume of payments received from MTS subscribers.

"MTS is the largest cellular operator in CIS and we are proud with our long and efficient cooperation with this company. Provision of services for dozens of millions users is a huge responsibility and we are glad that we help our partners cope with it successfully", - Andrey Gribov, General Director of CyberPlat®, comments.

OJSC "Mobile TeleSystems"
The OJSC "Mobile TeleSystems" (MTS) is the largest mobile operator in Russia and CIS countries. Together with their affiliates the company serves over 59, 50 million users. Population of 86 Russian regions as well as Belarus, Ukraine, Uzbekistan, Turkmenistan and Kyrgyzstan where MTS and their affiliates have licenses for provision of GSM standard services makes around 238,2 million people.

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