Rostelecom Joins OTCQX

NEW YORK, March 19 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Rostelecom (OTCQX: ROSYY, MICEX: RTKM), Russia's national telecommunications operator, has chosen to list its American Depositary Receipts (ADRs) on OTCQX®.

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Rostelecom's ADRs began trading today on the OTC market's highest tier, OTCQX International Premier. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.

"We are pleased to welcome Rostelecom to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "OTCQX companies, like Rostelecom, use the quality controlled OTCQX listing platform to offer their U.S. investors transparent trading, superior information, and easy access through their U.S. regulated broker-dealers."

JP Morgan Chase Bank, N.A., which acts as Depositary for Rostelecom's ADR program, will serve as Rostelecom's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.

About Rostelecom

(OTCQX: ROSYY, MICEX: RTKM) Rostelecom's ADRs will trade in the United States on OTCQX under the symbol "ROSYY", where each ADR will represent 6 ordinary shares. Rostelecom's ordinary shares are also listed on the MICEX (Moscow Interbank Currency Exchange) under the symbol RTKM. Rostelecom is Russia's national telecommunications operator. The Company owns and operates extensive and technologically advanced nationwide fiber-optic backbone network (about 150,000 km in lengths), which enables Rostelecom to provide voice, data and IP services to business and residential customers across the entire Russian Federation and to domestic and international operators.

About OTCQX

The OTCQX Marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX-listed companies, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (OTCQX: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the OTC securities market.  The OTCQX and Pink Sheets marketplaces constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange.  Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants.  Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants.  To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at [email protected].

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SOURCE Pink OTC Markets Inc.