Besides the dividend question the AGM is to decide on appointment of auditor and changes in the corporate charter as well as approval of the annual report and financial statements for 1998. The management of Saratovelektrosvyaz remains fairly optimistic about 1999, when the company plans to install another 13,000 AL and to continue modernization of its networks. With the current economic situation in Russia, it is difficult to say whether these expectations are realistic. The information contained herewith is based on information made available to the public and is for information purposes only. Information sources are deemed reliable by RMG Securities, however RMG Securities abstains from any liabilities determined from the information herewith.
Analysis is based on dated market information and is subject to change.