Moscow, Russia – August 1, 2016 – Sistema PJSFC (“Sistema” or “the Company”) (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company operating primarily in Russia and the CIS, announces that Vladimir Shukshin, Sistema Vice President, Head of Security and IT, has acquired 427,306 Sistema ordinary shares. The share of Sistema charter capital owned by Mr. Shukshin following the acquisition is 0.0152%.

The shares were acquired as part of the previously announced programme for senior management of the Company to participate in the share capital of Sistema, whereby heads of Sistema's functional subdivisions invest part of their total annual income in the Company's shares every year.  

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