OREANDA-NEWS. November 8, 2010. An extraordinary general meeting of Sibirtelecom shareholders took place in the form of absentee voting.

Shareholders of the Company discussed the following questions:

1. On payment of dividends according to the results of the nine months of 2010 in the following amounts:

·         0.0000000025125909% of Company’s net profit according to the results of the nine months of 2010 per one preferred share, type А;

·         0.0000000012659577% of Company’s net profit according to the results of the nine months of 2010 per one ordinary share;

2. On amendments to the Provisions of the Board of Directors of Sibirtelecom OJSC.

3. On annual remuneration to members of the Board of Directors of Sibirtelecom OJSC that have performed their functions since the annual general meeting of shareholders of June 05, 2010.

A decision was taken on agenda item No.1 (On payment of dividends according to the results of the nine months of 2010).

No decisions were taken on agenda items No.2 and 3 (On amendments to the Provisions of the Board of Directors of Sibirtelecom OJSC and On annual remuneration to members of the Board of Directors of Sibirtelecom OJSC that have performed their functions since the annual general meeting of shareholders of June 05, 2010).

Official information about the results of an extraordinary general meeting of shareholders will be announced after the minutes of the meeting are made in accordance with Art. 63 of the Federal Law “On Joint Stock Companies”. It will be available in the Investor Relations section at the corporate site of the Company.