AMENDMENT NO. 1 TO DEPOSIT AGREEMENTDeposit Agreement • March 19th, 2004 • Mobile Telesystems Ojsc • Radiotelephone communications • New York
AMENDMENT NO. 1, dated as of March , 2004 (the "Amendment"), to the Deposit Agreement dated as of July 6, 2000 (as so amended hereby, the "Deposit Agreement"), among Mobile Telesystems OJSC, incorporated under the laws of the Russian Federation (the "Company"), JPMorgan Chase Bank, as depositary (the "Depositary"), and all holders from time to time of American depositary receipts ("ADRs") issued thereunder.
