Moscow, Russian Federation — Mobile TeleSystems OJSC (“MTS” or the “Company” — NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces completion of the dividend payment for the first six months of the 2013 fiscal year.

The dividend for the first six months of the fiscal year 2013 amounted to total of RUB 10.8 billion or RUB 5.22 per ordinary MTS share (RUB 10.44 per ADR). In August 2013, MTS had completed payment of the dividend for the fiscal year 2012 which amounted to total of RUB 30.2 billion or RUB 14.6 per ordinary per MTS share (RUB 29.2 per ADR).