To ensure its continuous growth and expansion the Company is now looking for a candidate to fill in the position of: Project Manager. Company Ukrainian telecommunication operator working for the region of the Former Soviet Union and Eastern Europe. Main business is connectivity to new emerging territories based mainly on SDH, Layer 2 Ethernet technologies with strong System Integration offer. The Role Reporting to the Commercial Director, main role is projects implementation since sale cycle end till the beginning of the support period. Liaising with the Technical and Financial Directors to coordinate efficiently projects implementation is a must. Full-day work, with stable legally arranged compensation package. Candidate Requirements Obligatory: - University degree. Spoken English, Ukrainian & Russian – native level; - Excellent PC skills, excellent communication and interpersonal skills; - Accurate and well organized, ability to cope with difficult challenges, ability to meet deadlines; - Hard-working and punctual, accuracy and readiness to master new areas of work. Preferably: - Telecommunication or IT education, in-depth experience of administration; - Telecoms market understanding, a sound understanding of telecoms networks from a business perspective with good technical principles knowledge; - Previous experience with related international responsibilities. Candidates should send CVs in English to Email: office@rozvytok.com or fax#:044-206-0017

May 18, 2010 – Türk Telekom announced that it has signed a share purchase agreement to acquire 100% of Invitel International from Invitel Holdings A/S for an enterprise value of 221 million Euro. The total cash consideration for the transaction is approximately 197 million Euro; subject to customary closing adjustments. Completion of the transaction is subject to certain closing conditions, including regulatory approvals.

Rozvytok LLC was awarded by six intercity and local regional licenses of the National Committee for Communication Regulation of Ukraine that are required for providing the leased lines telecommunication services in city of Kyiv and Kyiv, Poltava, Odesa, Zakarpattya, Zaporizhzhia oblasts. Please see more information at About/Licences.

On the occasion of 50-th anniversary of the foundation of the Ternopil Ivan Pul’uj National Technical University and 165 years from the birthday of Ivan Pul’uj, Rozvytok sponsored publication of the University Book.

Traditional international symposium operators and providers of telecommunications: Telecommunications Without Borders (TWB-2010) will be held in Kyiv 19-21.05.10

01-02.04.10 Mr. Bela Gellai, Magyar Telekom Head of International Department and Alan Hawkins, Commercial Director of Dataplex visited office of Rozvytok

12.04.2010. As a result of the KPMG audit and compliance to the procedures of Magyar Telekom, Rozvytok was awarded the status of Authorized Regional Partner of Magyar Telekom.

06.04.2010. Sales Director CEE Tomasz Kwoczak and Regional Sales Director Russia & CIS Illya Bulaev visited Rozvytok.

03.03.2010. Rozvytok Сommercial Director, Oleh Bobovnikov spoke at international conference Telecomsworld Russia & CIS 2010 in Moscow. More info @International Events section.

03.02.2010. Rozvytok delegation including Сommercial Director Oleh Bobovnikov and Office Manager Natalya Yefremova visited Warsaw for the meetings with GTS CE, Reliance Globalcom, Tinet, Tata Communication, Exatel, Linx Telecom, BTI Systems.

11.2009. Rozvytok passed extencive internal and external audit (KPMG) initiated by Magyar Telekom which has shown compliance of Rozvytok\'s procedures to the expectation of the Magyar Telekom