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June 1, 2004

OJSC Moscow City Telephone Network (MGTS) and CyberPlat®.Com universal payment system have concluded an agreement on online payments for MGTS services. The first dealer network to start accepting MGTS payments is DIXIS group of companies.

MGTS clients now have the opportunity to pay for MGTS services (monthly subscription fee, information, lump sum etc. fees) through the universal payment system CyberPlat®. Payments are accepted in more, than 50 DIXIS outlets all over Moscow.

According to Executive Director of OJSC CyberPlat®.Com, Deputy Chairman of the Board of "Platina" Bank Vladimir Kuznetsov - partnership between MGTS and CyberPlat provides MGTS clients with better quality service and maximum comfort, combined with fast payment for MGTS services.

It is one more step to save our clients' time and make client-company relationship simple and easy - says Commercial Director of MGTS Alexander Konovalov.

For DIXIS, cooperation with MGTS and CyberPlat®.Com is one more chance to provide maximum services for our clients in our stores - noted Executive Director of DIXIS group of companies Mikhail Dorogov.

CyberPlat® payment procedure is online and without additional commissions. Transaction security is guaranteed by both sides' electronic signatures.

OJSC Moscow City Telephone Network (MGTS)
One of the major wired communications companies not only in Russia, but in Europe as well. Its constant primary goal - providing high quality and affordable telephone communications services to millions of Moscow's inhabitants. Twenty thousand employees provide services to over 4.2 mln. customers. Telephone density in Moscow reaches European levels: more, than 52 telephone sets per 100 city residents. The network includes around 600 exchange stations and their number keeps growing. Public telephone network of MGTS today has over 18 thousand units. At present the share of MGTS on the Moscow's fixed communications market is around 80%. Dynamic growth of MGTS is characterized with stable economic status, pre-planned rates of revenue and sales growth. Head Office of MGTS is located in Moscow, at bldg. 3, #12, Petrovski Boulevard.

DIXIS group of companies
DIXIS is the official distributor of leading telecom equipment manufacturers: Nokia, Sony Ericsson, Siemens, Motorola, Alcatel, Samsung, LG, Philips, Sagem, Panasonic, Benefon and ORA Electronics. In 2003 company's turnover was $202 mln. and sales volume was more, than 1.2 mln. phone sets.

At present DIXIS trading company includes more, than 150 own stores in Moscow, Saint Petersburg, Voronezh, Ekaterinburg, Krasnodar, Nizhny Novgorod and other cities, plus a network of over 120 franchise outlets in Khabarovsk, Krasnoyarsk, Archangel, Tyumen, Chelyabinsk and other major Russian cities.

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