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July 24, 2007

CyberPlat® connects all the 15 JSC CenterTelecom branches

JSC CenterTelecom, the largest landline service provider in the Russian Federation rendering wide range of communication services and providing access to the global information resources for individuals, corporate clients and government agencies in the Central Federal District, joined CyberPlat® payment system. Over 6.6 million subscribers of all the 15 JSC CenterTelecom branches were offered an opportunity to pay for the services through CyberPlat® cash acceptance network.

JSC CenterTelecom proved to be yet another large Russian landline service provider who appreciated all the advantages of our technologies, considerable coverage and CyberPlat® cash acceptance network growth potential. The JSC CenterTelecom subscribers will be able to pay their bills through the widest network of CyberPlat® payment system’s cash acceptance outlets located in retail chain stores, large and small stores, banks, drugstores and filling stations as well as through cash in terminals.

CyberPlat® being the e-payment market leader was the first to provide its clients and partners with an opportunity of payment acceptance for JSC CenterTelecom.

“JSC CenterTelecom subscribers will appreciate all the advantages of effecting payments through CyberPlat® cash acceptance network – walking distance accessibility of cash acceptance outlets, instant replenishment of subscriber accounts, error-free operation and hence considerable time saving,” Andrey Gribov, Director General of CyberPlat® commented.

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JSC CenterTelecom is a leading fixed communications company providing the entire range of telecommunication services in the Central Federal District, where over 20 % of the population of Russia resides. CenterTelecom offers the full range of telecommunication services, including telephony service, Internet, IP telephony, data communications, CATV, wired and VHF broadcasting. The company actively develops modern multiservice and SDH networks, as well as new radio access systems. The Company trades on RTS (ESMO, ESMOP), Moscow Interbank Currency Exchange (CTEL, CTELP) and has ADR Level 1 common stock program (CRMUY).

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