VIVACELL COMPANY (ARMENIA) OFFERS NEW TARIFF SCALE

ARKA
March 14, 2008

YEREVAN, March 17. /ARKA/. The Armenian mobile communication
operator, VivaCell Company, offers its clients using the prepaid
mobile communication services a new tariff scale "We".

The company reports that the tariff scale includes new, more affordable
tariffs for intranet calls as well as affords an opportunity to make
calls to "a special number".

Within the VivaCell network, one call will cost 36 AMD per minute (all
the prices include VAT), the cost of a call to a telephone served by
the ArmenTel Company being 63 AMD. One call to Nagorno-Karabakh will
cost 60 per minute.

In case of "special numbers", calls within the VivaCell network
will cost 26 AMD per minute, and calls to telephones served by other
operators 36 AMD per minute.

To get connected to the new tariff scale one should dial *131*404#,
or *240* plus telephone number #. The switching cost is 400 AMD.

In getting connecting to the new tariff scale, a subscriber has an
opportunity to install one "special number", which is in effect a year
after being installed. All other connections will cost 500 AMD each.

VivaCell is a leading mobile communication operator in Armenia,
providing a wide range of services throughout Armenia. The company
has licenses of the GSM 900/1800 standards effective until the end
of 2019. The company has over 1,000,000 clients.

The largest mobile communication operator in Russia and the CIS,
Mobile Telesystems Corporation, holds 80% of VivaCell shares, with 20%
held by the Fattouch Group (Lebanon).