Ukrtelekom PAT : Official statement of Ukrtelecom JSC on the power supply of the communication infrastructure in Sevastopol

Ukrtelecom JSC denies the media reports about possible disconnection of the communication facilities in Sevastopol from the power supply due to the debt of the Operator. At present, the Company has received the necessary guarantees for the stable power supply of its infrastructure from the energy supplier. In addition, all facilities of Ukrtelecom JSC are equipped with autonomous power systems that will allow serving customers in the event of the power outage.

The Operator does not rule out that local authorities of Sevastopol and other stakeholders,after the violation of property rights of Ukrtelecom JSC to the city duct bank, will continue discrediting the Company's activities and attempting to influence the operability of its infrastructure.

Specifically, on the night of August 31, 2014 Ukrtelecom specialists recorded intentional damage to the backbone fiber optic cable transmission line at the Sevastopol-Saky section. On-line repairs have been carried out, with telecommunications services currently being fully provided to the subscribers in Sevastopol.

About Ukrtelecom

Ukrtelecom JSC is the largest fixed line operator in Ukraine, the leader among Internet providers. Ukrtelecom is the sole shareholder and a member of TriMob, mobile operator that supports 3G/UMTS standards.

Today, the Company provides its services to approximately 9 million subscribers of fixed telephony, while more than 1.6 million subscribers have chosen fixed broadband OGO! Internet.

About SCM

SCM is the professional investment company, the managing company for a major Ukrainian financial and industrial holding company. It includes businesses in metals and mining, power generation, banking and insurance, telecommunications, media and real estates, retail, clay mining, oil trading, agriculture, mechanical engineering, and transport business.

On October 4, 2013 Ukrtelecom JSC became part of SCM Group .

SCM Group includes the managing company SCM and all businesses in which the company invests its money and over which it holds control. The Group includes over 100 businesses in Ukraine (14 oblast), Russia, European Union (Italy, Great Britain, Bulgaria), Switzerland, and USA.

Oleg Popov is CEO of SCM.

100% of SCM shares are held by Ukrainian businessman Rinat Akhmetov.

SCM website: http://www.scm.com.ua/