0001282713-04-000001 Sample Contracts

Annex B REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • March 4th, 2004 • Moscow Cablecom Corp • Cable & other pay television services • New York

This Registration Rights Agreement (the "Agreement") is made and entered into as of May 23, 2003 among Andersen Group, Inc., a Delaware corporation (the "Company"), and Moskovskaya Telecommunikatsionnaya Corporatsiya, an open joint stock company organized under the laws of the Russian Federation ("COMCOR").

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VOTING AGREEMENT
Voting Agreement • March 4th, 2004 • Moscow Cablecom Corp • Cable & other pay television services • New York

THIS VOTING AGREEMENT (this "Agreement") is made and entered into as of February 23, 2004, by and among Moskovskaya Telecommunikatsionnaya Corporatsiya, an open joint stock company organized under the laws of the Russian Federation ("COMCOR"), Oliver Grace, Jr. ("Grace") and Francis E. Baker ("Baker") (Grace and Baker, collectively, the "Stockholders" and, individually, a "Stockholder") and Andersen Group, Inc., a Delaware corporation ("AGI") (AGI, COMCOR and the Stockholders are collectively referred to as the "Parties" and each individually, a "Party").

STOCK SUBSCRIPTION AGREEMENT BETWEEN ANDERSEN GROUP, INC. AND MOSKOVSKAYA TELECOMMUNIKATSIONNAYA CORPORATSIYA
Stock Subscription Agreement • March 4th, 2004 • Moscow Cablecom Corp • Cable & other pay television services • New York
Andersen Group Inc. 405 Park Avenue, Suite 1202 New York, NY 10022
Letter Agreement • March 4th, 2004 • Moscow Cablecom Corp • Cable & other pay television services

This letter agreement (hereinafter this "Letter Agreement") is being delivered to you in connection with the transactions contemplated by the Agreement and amends the Agreement to the extent set forth below. All capitalized terms herein that are not otherwise defined shall have the respective meanings set forth in the Agreement, which is incorporated herein by reference.

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