AMENDMENT NO. 2 TO DEPOSIT AGREEMENTDeposit Agreement • December 21st, 2004 • Mobile Telesystems Ojsc • Radiotelephone communications • New York
AMENDMENT NO. 2, dated as of December , 2004 (the "Amendment"), to the Deposit Agreement dated as of July 6, 2000 as amended as of March 19, 2004 (as amended hereby, the "Deposit Agreement"), among Mobile Telesystems OJSC, incorporated under the laws of the Russian Federation (the "Company"), JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of American depositary receipts ("ADRs") issued thereunder.
