Krasnodar, 23rd November 2006 – Southern Telecommunications Company (“UTK”) [(RTS: KUBN, KUBNP; ?ICEX: UTEL, UTELP; ADR OTC: STJSY, KUE FRA)],the principal telecommunications provider for Russia’s Southern Federal District, reports that the hearing of the case regarding the claim of "UTK" PJSC contesting the decision of tax bodies has been postponed.
On the 20th of November 2006 the Moscow Arbitration court held a stated hearing of the case related to UTK’s claim contesting the Decision of Russia’s Inter-regional Tax Inspectorate ? 7 of 26th December 2005 regarding a back-tax claim issued by it to "Southern Telecommunications Company" PJSC.
As aresult, the Moscow Arbitration Court postponed the hearing of the case till 25th December 2006 because it was decided to get OJSC “Rostelecom” to take part in the legal action as a third party.
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