0001047469-09-005936 Sample Contracts

EUR 225,000,000 FACILITY AGREEMENT
Agreement • May 26th, 2009 • Mobile Telesystems Ojsc • Radiotelephone communications
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Dated 1 August 2008 EXPORT CREDIT AGREEMENT between MOBILE TELESYSTEMS OPEN JOINT STOCK COMPANY as Borrower and SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) as Lender
Export Credit Agreement • May 26th, 2009 • Mobile Telesystems Ojsc • Radiotelephone communications

The Borrower has concluded three Contracts (No. FCP 1036446/1, FCP 1038836 and FCP 1039451) with Ericsson AB, 164 80 Stockholm, Sweden (the “Exporter”) for the delivery of telecommunication equipment.

FACILITY AGREEMENT
Facility Agreement • May 26th, 2009 • Mobile Telesystems Ojsc • Radiotelephone communications
LOAN AGREEMENT NO. 250/08-V
Loan Agreement • May 26th, 2009 • Mobile Telesystems Ojsc • Radiotelephone communications

Gasprombank (Open Joint Stock Company) hereinafter referred to as “the Bank” represented by Andrey Igorjevich Akimov, Chairman of the Board, acting on the basis of the Charter, on the one part, and Mobile TeleSystems Open Joint Stock Company hereinafter referred to as “the Borrower” represented by Mikhail Valerievich Shamolin, President and CEO, acting on the basis of the Charter, on the other part, jointly referred to as “Parties”, have agreed as follows:

AMENDMENT AGREEMENT NO.1 between MOBILE TELESYSTEMS OPEN JOINT STOCK COMPANY and SKANDINAVISKA ENSKILDA BANKEN AB (publ) in relation to a Export Credit Agreement dated 1 August 2008
Agreement • May 26th, 2009 • Mobile Telesystems Ojsc • Radiotelephone communications

WHEREAS this Agreement is supplemental to a Export Credit Agreement (the “Credit Agreement”) dated 1 August 2008 and made between the Borrower and the Lender.

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