Exhibit 4.26.1  AGREEMENTNo.1on Amendments to Agency Agreement No.35-06-23 dated November 01st, 2006  Moscow
  , 2008  Open Joint-Stock Company Long Distance and
International Telecommunications Rostelecom, hereinafter referred to as Rostelecom
represented by its Director General Mr. K.Yu. Solodukhin, acting on the
basis of the Articles of Association, on the one part, and Open Joint-Stock
Company North-West Telecom, hereinafter referred to as the Operator,
represented by its Director General Mr.V.A. Akulich, acting on the basis of the
Articles of Association, on the other part, jointly referred to as the Parties,
have made this Agreement as follows:  1.Agency Agreement No. 35-06-23dated
November 01st, 2006 shall be
revised in compliance with Appendix No.1 to this Agreement (Revision 2).  2.Any financial obligations arisen and not
fulfilled prior to this Agreement taking effect shall be performed in
compliance with Agreement No. 35-06-23dated November 01st, 2006.  3.This Agreement shall take effect from its
signing by the Parties.  4.This Agreement is made in duplicate with the
same legal effect with one copy for each Party.  Signatures of the Parties:  Rostelecom OJSC:
  
  Legal
  address:
  Russia
  191002, Saint Petersburg
  15,
  Dostoevskogo Street
  Postal
  address:
  Russia
  191002, Saint Petersburg
  15,
  Dostoevskogo Street
  Tel.
  (812) 164-23-29
  Fax:
  (812) 164-15-49
  TIN
  7707049388
  KPP
  784002001, s/account 40702810700300010657
  with Svyaz-Bank OJSC AKB, Petersburg branch,
  correspondent account 30101810200000000759, 
  BIC 
  044030759, OKONKh (All-Russia Classifier of Sectors
  of the National Economy) 52300,
  OKPO 17514186
  
  North-West Telecom OJSC:
  
  Address
  (legal address): 191186, St. Petersburg,
  14/26 Gorokhovaya Street
  
  Postal
  address (for correspondence):
  191186
  14/26 Gorokhovaya Street
  Tel.
  (812) 719 93 24
  Fax:
  (812) 710 62 77
  
  TIN
  7808020593
  Settlement
  account: 40702810900300000001
  with
  Svyaz-Bank OJSC AKB, 191014, Saint
  Petersburg, 12, Baskov Lane
  Correspondent
  account 30101810200000000759 in
  GRKC GU CB in Saint Petersburg
  BIC
  044030759
  OGRN 1027809169849
  KPP 784001001Director
  General
  Rostelecom
  OJSC
  
  Mr. K.Yu. Solodukhin
  
  , 2008
  Seal here
  
  DirectorGeneral
  North-West
  Telecom OJSC
  
  Mr. V.A.Akulich
  
  , 2008
  Seal here


APPENDIX No.1 to AGREEMENT No.1 dated                     
       , 2008 on Amendments to Agency Agreement No.35-06-23 dated November 01st, 2006 Agency Agreement No.35-06-23 (revision 2)  Rostelecom
Open Joint-Stock Company of Long Distance and International Communication,
hereinafter referred to as Rostelecom represented by its Director General Mr. K.Yu.
Solodukhin, acting on the basis of the Articles of Association, on the one
part, and Open Joint-Stock Company North-West Telecom, hereinafter referred to
as the Operator, represented by its Director General Mr.V.A. Akulich, acting
on the basis of the Articles of Association, on the other part, hereinafter
jointly referred to as the Parties, have made this Agreement as follows:  1.TERMS AND DEFINITIONS  In
this Agreement the following terms shall have the following meanings unless
otherwise directly stated herein:  1.1.Agreement shall mean this Agreement with any Appendixes,
Amendments, Modifications and Additional Agreements hereto.  1.2.Corporate  Users shall
mean any legal entities which are the Operators subscribers ordering and (or)
using Rostelecom long distance and (or) international telephone communication services
access to which is provided by the Operator.  1.3.Individual Users shall mean any individual subscribers of
the Operator ordering and (or) using Rostelecom long distance and (or)
international telephone services access to which is provided by the Operator.  1.4.Users shall mean both Corporate Users and Individual Users.  1.5.Reporting Period shall mean a calendar month during which
the Operator carried out any legal or other actions specified as the subject of
this Agreement on behalf and at the expense of Rostelecom.  1.6.Accounting Period shall mean a calendar month starting
directly after the Reporting Period.  1.7.Agreement Form shall mean an agreement form for Rostelecom
long distance and international communication services to the Users on
condition of Rostelecom pre-selection as an operator providing long distance
and international communication services, the obligation for executing which
shall be borne by the Operator in compliance with this Agreement.  1.8.Instructions shall mean a document attached to the
Agreement Form with Corporate Users and defining the maximum amount of
amendments which may be made to agreements with Corporate Users executed by the
Operator in compliance with this Agreement as compared to the corresponding
Agreement Form. The requirements to the Instructions content and application
are given in Appendix No.2 hereto.  2.SUBJECT OF AGREEMENT  2.1.In
compliance with this Agreement the Operator shall carry out on behalf and at
the expense of Rostelecom the following legal and other actions:  2.1.1.make
on behalf of Rostelecom using one of the Agreement Forms approved by Rostelecom
in compliance with Appendix No.1 hereto agreements for long distance and
international communication services by Rostelecom on condition of
pre-selection of Rostelecom as an operator of long distance and international
communication services with Corporate Users which apply to the Operator for
making such agreements by executing one document.  2.1.2.make
on behalf of Rostelecom using one of the Agreement Forms approved by Rostelecom
in compliance with Appendix No.1 hereto agreements for long distance and
international communication services by Rostelecom on condition of
pre-selection of Rostelecom as an operator of long distance and international
communication services with Individual Users, including the following
activities:


a)Upon Rostelecoms
authorization:  1.Printing according to the layouts provided by Rostelecom;  2.Forming packages for delivery to individuals;  3.Converting packages for delivery to individuals;  4.Arranging for package delivery to individuals;  b)upon request by
Individual Users:  1.Processing documents received from individual
users;  2.Compilation and sending to Rostelecom registers
of documents received by COK from individuals.  2.1.3.provide
reference and information services to any Individual Users in case of campaigns
upon Rostelecoms request within the terms agreed by the Parties concerning
long distance and international communication services provided to Users on
condition of Rostelecom pre-selection as an operator of long distance and
international communication services.  3.GENERAL REQUIREMENTS TO EXECUTING ORDERS  3.1.The
Operator upon making agreements with Corporate Users specified in Clause 2.1.1
according to the Agreement Forms approved by Rostelecom, may not recede from
the contractual terms given in the corresponding Agreement Form unless
otherwise is directly specified by the Instructions to the corresponding
Agreement Form. If any Corporate User does not agree to sign the agreement on
the terms prescribed by the Agreement Form and suggests in compliance with
Clause 3, Appendix No.2 hereto, amending such terms, the Operator may agree to
such amendments without a prior written consent from Rostelecom only to the
extent allowed by the Instructions to the corresponding Agreement Form.  3.2.Upon
signing agreements with Individual Users as specified by Clause 2.1.2 according
to the Agreement Forms approved by Rostelecom, the Operator may not recede from
the contractual terms prescribed by the corresponding Agreement Form.  3.3.The
Operator shall perform Clause 2.1.2 in compliance with the official notice from
Rostelecom on signing agreements with Individual Users. With the notice the
Operator shall receive a package of documents required for the activities in
compliance with Clause 2.1.2. The notice shall specify the beginning and period
of the Operators signing agreements with Individual Users and selection
criteria  in respect of Individual Users.  4.MAKING AGREEMENTS WITH USERS  4.1.When
any User (or his/its duly authorized representative) applies to the Operator to
sign an agreement for Rostelecom long distance and international communication
services, the Operator shall promptly sign with such User an agreement using
one of the Agreement Forms approved by Rostelecom in compliance with Appendix
No.1 hereto.  4.2.With
any Users which are state-financed organizations the Operator shall, if
required, make an agreement for Rostelecom long distance and international
communication services specifying that such agreement shall be effective from
the date following the expiration date of the previous agreement with
Rostelecom for long distance and international communication services made with
the corresponding User.  4.3.The
agreement with any User shall be signed in duplicate by the Operator and the
User and sealed by the Operator. If the agreement is signed with any Corporate
Users, such agreement shall be sealed by the Corporate User and the Operator.
One copy shall be provided to the User and the other shall be sent to
Rostelecom within 5 (five) days after signing the agreement but no later than
the 1st day of the month following the month when such agreement with the User
was signed.  3


4.4.If any
Corporate User makes any suggestions regarding the Agreement Form not
specified by the Parties in the Instructions attached to the Agreement Form suggested
to such Corporate User, the Operator shall send the suggestions of such Corporate
User to Rostelecom and shall not make an agreement with such Corporate User
until receipt of the corresponding written instructions from Rostelecom.  5.THE OPERATORS REMUNERATION  5.1.For
performing the agency functions in compliance with this Agreement, Rostelecom
shall pay the following remuneration to the Operator:  5.1.1.For
each agreement signed with a Corporate User in compliance with Clause 2.1.1
hereof  a one-time fee of 500 (five hundred) rubles (without VAT) calculated
at the rate effective on the corresponding billing date.  5.1.2.For
the works carried out in compliance with Subclauses 1-4, Clause 2.1.2  80
(eighty) rubles for each package (without VAT);  5.1.3.For
each agreement signed with an Individual User including payment for the works
carried out in compliance with Subclauses 5-6, Clause 2.1.2  80 (eighty)
rubles for each package (without VAT).  5.1.4.For
each agreement signed with a User which is a state-funded organization (in case
an agreement was previously signed with such User which expired) in compliance
with Clause 2.1.1 hereof  a one-time fee of 200 (two hundred) rubles (without
VAT) calculated at the rate effective on the corresponding billing date.  5.2.For
the services provided in compliance with Clause 2.1.3  monthly payments of
525,000 (five hundred and twenty-five thousand) rubles (without VAT) calculated
at the rate effective on the corresponding billing date, within 3 (three)
months after the starting date of sending packages to Individual Users in
compliance with Clause 2.1.2 as agreed by the Parties.  6.REPORT AND SETTLEMENT PROCEDURE  6.1.Settlements
between the Parties shall be made on a monthly basis in compliance with this
Agreement and the Operators report on performance of the agency functions (Operators
Report) in the forms attached in Appendix No.3.  6.2.By the
5th day of the Accounting Period the Operator shall send to Rostelecom the
Operators Report and a bill for payment. 
A copy of the Operators Report, bill for payment and invoice shall be
sent to Rostelecom by fax with a delivery confirmation. Their originals shall
be sent by a registered letter with a delivery confirmation. The date of the
actual delivery of such documents shall be the date of the fax receipt. The
invoice shall be provided within the terms prescribed by the tax laws of the
Russian Federation.  6.3.The
Operators Report on signing agreements with Individual Users in compliance
with Subclauses 1-4, Clause 2.1.2 hereof (form 3 Appendix No.3) shall be
provided to Rostelecom with the register of individuals who received the
agreements, with their telephone numbers and dates of the package sending. The
register may be provided electronically only. Within 20 days after receiving
such register Rostelecom may request from the Operator on a selective basis
copies of the source documents confirming that the packages were sent to
Individual Users which shall be provided to Rostelecom within 10 business days
after such request.  6.4.Rostelecom
shall review the documents provided by the Operator and in case Rostelecom has
no objections, it shall approve the Operators Report within 2 (two) business
days after receiving the Operators Report. In case Rostelecom has any comments
on the documents provided by the Operator, Rostelecom shall inform the Operator
thereof in writing within 2 (two) business days after receiving the documents
by fax.  Rostelecom shall approve the
Operators Report with its comments on it. A copy of the approved Operators
Report shall be sent to the Operator by fax with a delivery confirmation. The
original documents shall be sent by registered mail with a delivery
confirmation. The date of the document delivery shall be the date of their
receipt by fax.  4


6.5.Within
20 (Twenty) days after approving the Operators Report Rostelecom shall pay the
Operator its remuneration defined in compliance with Clause 5.1  hereof for performing the agency functions.
In case the Operators Report is approved with comments, settlements shall be
made for the uncontested amount.  6.6.To
eliminate any defects regarding documents provided by the Operator the Parties
shall carry out further negotiations and shall inspect/itemize the issues in
question within 10 business days after Rostelecom sent a written notice of its
objections to the Operator. According to the data verification results the
Parties shall execute and sign the reconciliation report for the amount of
services provided by the Parties (hereinafter referred to as the Reconciliation
Report) and, if required, shall recalculate payments for any further
Accounting Periods. The signing of the Reconciliation Report by the Parties
shall mean approval of the Operators Report by Rostelecom.  6.7.On a
quarterly basis and if required Rostelecom and the Operator shall reconcile
their calculations. The reconciliation report shall be made by the interested
Party in duplicate and shall be signed by the authorized representatives of the
Parties. The Party which receives the Reconciliation Report shall sign it or
provide its objections regarding the validity of the information it contains
within 20 (twenty) days after the sending date of the Reconciliation Report.  6.8.The
bills for monthly remuneration for the services under Clause 2.1.3 shall be
provided by the Operator to Rostelecom by the last day of the corresponding
month and shall be paid within 20 (twenty) days after the billing date.  7.LIABILITY OF THE PARTIES.  7.1.The
Parties shall be liable for failure to fulfill or improper fulfillment of their
obligations under this Agreement in compliance with the procedure and to the
extent prescribed by the current laws of the Russian Federation and this
Agreement.  7.2.Any
actual damage incurred by either Party due to failure to fulfill or improper
fulfillment by the other Party of its contractual obligations under this
Agreement shall be reimbursed.  7.3.In
case of violation by either Party of the terms for fulfillment of its
obligations under this Agreement or their improper performance, the Party in
default shall pay to the other Party upon demand a penalty of 0.01% of the
total agency fee specified in Clause 5.1 hereof for the calendar month when
such violation took place, for each day of delay in proper fulfillment of its
obligations but no more than 10% of such agency fee.  The penalty shall be paid within 10 days
after receipt of the corresponding request from the other Party.  8.CONFIDENTIALITY.  8.1.The
confidentiality conditions prescribed by Confidentiality Agreement No. 39-06-30
dated August 30th, 2006 signed by the Parties shall fully apply to the
legal relations between the Parties under this Agreement.  8.2.Any
information exchange between the Parties under this Agreement shall be done in
a way providing for its confidentiality in compliance with the Confidentiality
Agreement.  9.TERM OF AGREEMENT AND CANCELLATION PROCEDURE.  9.1.This
Agreement shall take effect when signed by the Parties and shall be valid for
one year. Unless either Party announces the termination of this Agreement 30
(thirty) calendar days prior to its expiration, the Agreement shall be
automatically extended for each following year. The number of terms for which
the Agreement may be extended shall not be limited.  9.2.This
Agreement may be cancelled pre-term upon consent of the Parties or on any other
grounds prescribed by the current laws of the Russian Federation.  9.3.Upon
cancellation of this Agreement the Parties shall complete all mutual
settlements within thirty days after the cancellation date.  5


10.OTHER TERMS.  10.1.This
Agreement shall be made in duplicate with one copy for each Party having the
same legal effect.  10.2.Neither
Party may transfer its rights and obligations under this Agreement without a
prior written consent of the other Party.  10.3.The Parties
shall acknowledge each others rights for any trademarks and trade names and
shall not use them in any way without a prior written consent. This clause
shall remain in force after termination of this Agreement.  10.4.To inform
the Operator of any agreements with Users made by Rostelecom independently,
Rostelecom shall send a list of such agreements made within the Reporting
Period to the Operator on a monthly basis.  10.5.Any notices
and communications may be sent by the Parties by facsimile, electronic mail,
registered mail or courier with a delivery confirmation. A delivery
confirmation for an electronic mail shall be a confirmation of delivery by the
corresponding mail software and in case of delivery by facsimile - a copy of
notice with the proper mark (report) of the sending fax on the proper
transmission of the message to the corresponding telephone number.  10.6.List of
Appendixes:  Appendix No.1
Approval Procedure for Instructions.  Appendix No.2
Requirements to the Contents of Instructions and their Application.  Appendix No.3
Forms for the Operators Report on Agency Functions Performance.  10.7.Either Party
to this Agreement may make suggestions for amending it. Any modifications and
amendments properly agreed and executed shall form an integral part of this
Agreement.  11.SIGNATURES AND BANKING DETAILS OF THE PARTIES  Rostelecom OJSC:
  
  Legal
  address:
  Russia
  191002, Saint Petersburg
  15,
  Dostoevskogo Street
  Postal
  address:
  Russia
  191002, Saint Petersburg
  15,
  Dostoevskogo Street
  Tel.
  (812) 164-23-29
  Fax:
  (812) 164-15-49
  TIN
  7707049388
  KPP
  784002001, s/account 40702810700300010657
  with Svyaz-Bank OJSC AKB, Petersburg branch,
  correspondent account 30101810200000000759, 
  BIC 
  044030759, OKONKh (All-Russia Classifier of
  Sectors
  of the National Economy) 52300,
  OKPO 17514186
  
  North-West Telecom OJSC:
  
  Address
  (legal address): 191186, St. Petersburg, 
  14/26 Gorokhovaya Street
  Postal
  address (for correspondence):
  191186
  14/26 Gorokhovaya Street
  Tel.
  (812) 719 93 24
  Fax:
  (812) 710 62 77
  TIN
  7808020593
  Settlement
  account: 40702810900300000001
  with
  Svyaz-Bank OJSC AKB, 191014, Saint
  Petersburg, 12, Baskov Lane
  Correspondent
  account 30101810200000000759 in
  GRKC GU CB in Saint Petersburg
  BIC
  044030759
  OGRN 1027809169849
  KPP 784001001Rostelecom:
  Director
  General
  
  Rostelecom
  OJSC
  
  Mr. K.Yu. Solodukhin
  , 2008
  Seal here
  
  Operator:
  DirectorGeneral
  
  North-West
  Telecom OJSC
  
  Mr. V.A.Akulich
  , 2008
  Seal here  6


APPENDIX No.1 to Agency Agreement No.35-06-23 (revision 2) dated                     
       , 2008  Approval Procedure for the Instructions  1.Within 10 (ten) days after signing this
Agreement Rostelecom shall send to the Operator all the Agreement Forms. With
the Agreement Forms Rostelecom shall send to the Operator the Instructions to
the Agreement Forms with Corporate Users. 2.All the Agreement Forms shall be approved by
Rostelecom without the Operators consent and shall be sent in duplicate. 3.The Instructions shall be sent to the Operator
in duplicate with the mark Approved on
each Instruction signed by Rostelecoms authorized representative and sealed by
Rostelecom. 4.Within 10 (ten) days after receiving the
Instructions from Rostelecom and in case there are no suggestions for amending
such Instructions, the Operator shall approve them and send one copy of each
Instruction to Rostelecom with the mark Approved on
each Instruction signed by the Operators authorized representative and sealed
by the Operator. 5.If the Operator has any suggestions for
amending the Instructions, the Operator shall within 10 (ten) days after their receipt
from Rostelecom send its suggestions to Rostelecom. 6.In case Rostelecom accepts the Operators
suggestions for amending the Instructions, Rostelecom shall send the amended
Instructions to the Operator for approval within 10 (ten) days after receipt of
the Operators suggestions. The approval procedure shall be repeated in
compliance with Clause 4 of this Appendix. 7.If Rostelecom does not accept the Operators
suggestions for amending the Instructions, the Parties shall carry out
negotiations within 20 (twenty) days after receipt by Rostelecom of the
corresponding suggestions for amending the Instructions from the Operator. 8.In case the Parties fail to reach an agreement
in compliance with Clause 7 regarding amending the corresponding Instructions,
such Instructions shall be deemed as approved in Rostelecoms revision, and the
Parties shall execute such approval in compliance with the procedure prescribed
by Clause 4 of this Appendix. 9.In case within the term of this Agreement
Rostelecom develops any Instructions other than those approved in compliance
with Clauses 1-8 of this Appendix, Rostelecom shall send such Instructions to
the Operator. In such case the Parties shall complete the approval procedure
prescribed by Clauses 1-8 of this Appendix.  Rostelecom:
  Director
  General
  
  Rostelecom
  OJSC
  Operator:
  Director
  General
  
  North-West
  Telecom OJSCMr. K.Yu. Solodukhin
  , 2008
  Seal
  here
  Mr. V.A.Akulich
  , 2008
  Seal
  here  7


APPENDIXNo.2 to Agency Agreement No.35-06-23 (revision 2) dated                      
       , 2008  Requirements to the Contents of Instructions and their Application  1.The Instructions provided in compliance with
Clause 1, Appendix No.1 hereto shall contain the following:  ·indication of any provisions (clauses,
articles, sections, etc.)  of the
Agreement Forms which may be amended; ·character or extent of possible amendments.  2.The Instructions provided in compliance with
Clause 1, Appendix No.1 hereto may contain the following:  ·alternative revisions of provisions (clauses,
articles, sections, etc.) of the Agreement Forms which may be amended; ·variability of amendments (for instance, a
10-day term may be extended by no more than 10 days); ·additional explanations to the Agreement Forms.  3.When signing agreements with Corporate Users as
specified in Clause 2.1.1 of the Agreement the Operator may amend the Agreement
Forms only to the extent allowed by the corresponding Instructions and only if
such amendments are initiated by the Corporate User in writing (for instance,
in a discrepancy report sent to the Operator).  Rostelecom:
  Director
  General
  Rostelecom OJSC
  Operator:
  Director
  General
  North-West Telecom OJSCMr. K.Yu. Solodukhin
  , 2008
  Seal
  here
  Mr. V.A.Akulich
  , 2008
  Seal
  here  8


APPENDIX No.3 to Agency Agreement No.35-06-23 (revision 2) dated                     
       , 2008  Forms of the Operators Report on Agency Functions Performance under
Agreement No.                  
dated for                             
month (reporting period)                   year.  Form 1.The
Operators Report on agreements with Corporate Users for communication services
in the reporting period in compliance with Clause 2.1.1 hereof.  Number
  of
  agreements signed in
  the reporting period
  
  Branch
  1
  
  Branch
  2
  
  Branch
  3
  
  ...
  
  Total
  in
  the
  reporting
  period
  
  Feeper
  agreement,rub.
  
  Total
  fee,
  rub.
  without
  VAT1.
  
  Agreements with Corporate Users  Note:  1.Reports by the Operators branches in Form 2 shall be attached to the Operators Report in Form 1. 2.The Report in Form 2 shall be approved by
the manager of the Operators branch.  Form 2.  Report                     by
the communication services branch for                       ,
200    .  Branch
  
  No.
  
  CorporateUsers name
  
  TIN
  
  Unique
  account
  number
  
  Agreement
  number
  
  Agreementdate
  
  Document
  certifying
  sending by the
  Operator of
  agreements
  made with
  Corporate UsersAgreements1
  
  Ptizefabrika
  OOO2  The
Operators fee is                                               
rub. without VAT. The
VAT of 18% is                                                                 
rub. The
total Operators fee is                                           
rub. without VAT.  Form 3. The Operators Report on signing agreements
with individual users in compliance with Subclauses 1-4, Clause 2.1.2 hereof:  Total sent in the
  reporting period
  
  Feeperagreement,rub.
  
  Total fee,rub. without VAT1
  
  Agreementswith Individual Users  The
Operators fee is                                               
rub. without VAT. The
VAT of 18% is                                                                 
rub. The
total Operators fee is                                           
rub. without VAT.  9


Form 4. The Operators Report on signing agreements
with individual users in compliance with Subclauses 5-6, Clause 2.1.2 hereof:  Number of agreements signed
  in the reporting periodTotal
  
  Including provided  to Rostelecom
  
  Feeperagreement,rub.
  
  Total fee,rub. without VAT1
  Agreements
  withIndividual Users  The
Operators fee is                                               
rub. without VAT. The
VAT of 18% is                                                                 
rub. The
total Operators fee is                                           
rub. without VAT.  ForRostelecom:
  
  For the
  Operator:RostelecomOJSC
  
  North-West
  Telecom OJSC,
  200 
  Seal here
  
  , 200  
  Seal hereRostelecom:
  Director
  General
  Rostelecom
  OJSC
  
  Mr. K.Yu. Solodukhin
  , 2008
  Seal here
  
  Operator:
  Director
  General
  North-West
  Telecom OJSC
  
  Mr. V.A.Akulich
  , 2008
  Seal here  10