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Mobile TeleSystems

July 24, 2020

Periodic notice on 2020 Buyback

MOSCOW, Russia ó MTS (NYSE: MBT; MOEX: MTSS), Russiaís leading mobile, media, and digital services provider, announces that Bastion LLC, the Company's wholly-owned subsidiary, recently acquired 721,080 MTS shares of Common Stock (including shares of Common Stock represented by ADSs) representing 0.04% of share capital issued by MTS. The shares were acquired under the Repurchase Plan announced on March 31, 2020.

Under Russian legislation, MTS is required to disclose any shares acquired by the Company or any of its subsidiaries. MTS will fully disclose the aggregate number of shares acquired during the period, what this represents in MTSís share capital, as well as price paid, during its next quarterly disclosure.

* * *

For further information, please contact in Moscow:

Investor Relations Department
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail:†ir@mts.ru

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