TGC-1 to announce its 1H2010 IFRS results on September 1, 2010

TGC-1 will publish its unaudited financial report under International Financial Reporting Standards (IFRS) for the six months ended June 30, 2010 on Wednseday, September 1, 2010 and hold a conference-call for investors and analysts on the same day.

The publication of the report is scheduled for 11.00 (Moscow time). The conference-call will start at 13.00 (Moscow time) and will be held in Russian.

Speakers from TGC-1

• Boris Vainzikher, General Director, Chairman of the Management Board;
• Kirill Lykov, Director for Economy and Finance (CFO), member of the Management Board;
• Sergey Redkin, Director for Development, member of the Management Board;
• Raisa Stanishevskaya, Chief Accountant, member of the Management Board.

Dial-in Details (Russian line)

Russia: +7 499 272 3772

UK: +44 (0) 1452 580 124

Passcode: 96727063

For English-speaking audience a simultaneous translation of the call will be available on a second line.

Dial-in Details (English line)

UK: +44 (0) 1452 555 566

Passcode: 97705038

Please dial in 10-15 minutes before the call, to allow for the registration process. When registering please state the passcode, your name and the organization you represent.

Instant Replay Details

International: +44 (0) 1452 55 00 00

UK (toll-free): 0800 953 1533

UK (local): 0845 245 5205

USA (toll-free): 1866 247 4222

Passcode: 96727063# (Russian line)

97705038# (English line)

Available until 14.09.2010