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Stock Trading History of Cuffe Kevin

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Cuffe Kevin since year 2005. The trader's CIK number is 1252616. At the time of this reporting, Cuffe Kevin is the Vice President of Golden Telecom Inc (stock ticker symbol GLDN).

Stock purchases, sales, and option exercises reported by *Cuffe Kevin* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-12-12	GLDN	Golden Telecom Inc	Sale	12,500	24.24	303,000
2007-12-12	GLDN	Golden Telecom Inc	Option Exercise	12,500	29.56	369,450

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Cuffe Kevin (Vice President of Golden Telecom Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.