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The operator's broadband Internet subscriber base in the resort city has been increasing by an average of 1,000 users per month. The fourteen thousandth DISEL subscriber was connected in January 2009, and the fifteen thousandth subscriber in February.
As of January 1, 2009 UTK's share of the Sochi high-speed Internet market stood at 59%, while the number of users rose by nearly 7,500 in 2008.
The number of DISEL-TV digital television subscribers in Sochi as of March 1, 2009 stood at 2,279 users. DISEL-TV (broadcast using ADSL 2+ technology) offers 55 TV channels in digital broadcasting format. The service contains various options: video on demand (ordering movies and programs from an available video library), a virtual video recorder (for recording and storing TV broadcasts), and watching broadcasts from the start (viewing TV programs which have already been broadcast).
About UTK (Southern Telecommunications)
Southern Telecommunications Company PJSC (South Telecom or UTK) is the principal provider of fixed line telecommunications for Russia's Southern Federal District, a region covering 521.9 ths sq km with population of 18.4 million people. "UTK" PJSC provides various telecom services of local and intra-zonal telephony, broad range of value-added services (VAS) based on new technologies (services of Internet, VPN, CTV and others). 9m 2008 operating revenue of "UTK" PJSC is up 6% over 9m 2007 to 15,465 million rubles, EBITDA is down 3.6% to 5,621.2 million rubles (RAS). Number of main telephone units operated by "UTK" PJSC makes 4.045 million sets as of 1st October 2008. UTK is a subsidiary of Svyazinvest holding which owns 38% of the Company's authorized capital. UTK shares are traded in the Classic (KUBN; KUBNP) and Stock (KUBNG; KUBNPG) Markets of OJSC "RTS", in the stock section of the Moscow Interbank Currency Exchange (MICEX) (UTEL; UTELP). One unit of American Depositary Receipt of "UTK" PJSC represents 50 common shares of the Company. UTK ADRs are traded in the US over-the-counter market (STJSY), and quoted in the over-the counter market of Frankfort and Berlin Stock Exchanges (KUE) and NEWEX (KUE). Additional information about the Company can be accessed on the website at www.stcompany.ru, in the Information Disclosure System SKRIN Issuer, in the portal www.cbonds.info as well as in KUBN_RU of the systems Bloomberg and Reuters.
CONTACT: Dmitri Tsygankov e-mail: dmitri@mail.stcompany.ru Tel: +7 861 253 20 30 Maleev P.Yu e-mail: pmaleev@mail.stcompany.ru Tel: +7 861 253 20 30
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