Global Marine Wins Deal

CHELMSFORD, U.K. -- Global Marine Systems Limited, the independent market-leading subsea cable installation and maintenance company, is pleased to announce that TDC, the leading provider of communications solutions in Denmark, and Rostelecom, (NYSE: ROS; RTS, MICEX: RTKM, RTKMP), Russia’s national long-distance telecommunications operator, have joined Global Marine’s Guardian private cable maintenance programme.

Under the programme, TDC and Rostelecom will benefit from a dedicated, high quality and comprehensive fibre optic cable maintenance contract that is based upon mutually agreed performance metrics and a fixed price for the term of the agreement. The three year contract, which began on April 5th 2006, will provide both companies with total peace of mind that cable breakages, repairs and preventative operations are all carried out in a transparent and highly professional manner.

Spanning 1,216 kilometres, the Denmark Russia 1 fibre optic cable has provided Russia with connectivity to Western Europe for the past 11 years and runs from Karlslunde, Denmark to Kingesepp, Russia. It will be serviced by both Global Marine’s CS Sovereign and CS Sentinel, which are based at Portland Port, Portland, UK.

Commenting today, Claus Nielsen at TDC said, “With Denmark’s geographic position as a hub for telecommunications between eastern Europe and western countries, it was crucial that we selected a cable maintenance operator who could provide us with leading-edge industry know how and the complete peace of mind that our communications infrastructure would be in safe hands.”

Global Marine Systems Ltd.