OREANDA-NEWS. On March 16, 2007 Southern Telecommunications Company (“UTK”) [(RTS: KUBN, KUBNP; МICEX: UTEL, UTELP; ADR OTC: STJSY, KUE FRA)], the principal fixed-line telecommunications provider for Russia’s Southern Federal District, reported that its top management met with representatives and analysts of Russian and foreign investment funds, banks, financial and management companies. Forty representatives of the investment community including from investment financial companies “Metropol”, “Solid”, “Diamond Age” (UK), “FIM” (Finland) took part in the meeting, reported the press-centre of  Southern Telecommunications Company.

The Management of "Southern Telecommunications Company" PJSC made a presentation of the Company’s preliminary 2006 results and development prospect. UTK’s CEO Alexander Andreev answered all the questions on the Company’s financial activities and business development.  The Management holds such meetings on a regular basis thus contributing to improvements in the Company’s transparency in the investment community, enhancement of the business profile and appreciation of its share capital.