12/07/2016

Changes to shareholdings in Sistema of members of the Board of Directors

Moscow, Russia - 12 July 2016 - Sistema JSFC ('Sistema' or 'the Company') (LSE: SSA. MOEX: AFKS), a publicly-traded diversified holding company operating primarily in Russia and the CIS, announces changes to the shareholdings in the Company of members of the Board of Directors.

In accordance with the Policy on Remuneration and Compensations for Members of the Board of Directors of Sistema, six members of the Board of Directors each received 495,230 ordinary shares of the Company, and five members of the Board of Directors each received 473,728 ordinary shares of the Company. Information about the changes to the shareholdings of members of the Board of Directors following these transactions is set out below.

Previous shareholding

New shareholding

Sergei Boev

0.0176%

0.0225%

Andrey Dubovskov

0.0000%

0.0049%

Vladimir Evtushenkov

64.1890%

64.1939%

Felix Evtushenkov

0.0929%

0.0978%

Patrick Clanwilliam

0.0000%

0.0051%

Robert Kocharyan

0.0082%

0.0133%

Jeannot Krecké

0.0055%

0.0106%

Peter Mandelson

0.0037%

0.0089%

Roger Munnings

0.0072%

0.0123%

Mikhail Shamolin

0.2305%

0.2354%

David Iakobachvili

0.0120%

0.0171%

Remuneration was paid for the 2015-2016 corporate year.

For further information, please visit www.sistema.com or contact:

Sistema is a publicly-traded diversified holding company in Russia and the CIS, which invests in and is a major shareholder of companies serving approximately 150 million customers in the sectors of telecommunications, high technology, pulp and paper, banking, retail, tourism and healthcare services. Founded in 1993, the Company reported revenues of RUB 708.6 billion for 2015, and total assets of RUB 1.3 trillion as at 31 December 2015. Sistema's global depository receipts are listed under the symbol 'SSA' on the London Stock Exchange. Sistema's ordinary shares are listed under the symbol 'AFKS' on the Moscow Exchange. Website: www.sistema.com

Afk Sistema OAO published this content on 12 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 July 2016 16:53:04 UTC.

Original documenthttp://www.sistema.com/press/press-releases/detail/article/21973/

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