Moscow, Russian Federation – Mobile TeleSystems PJSC (“MTS” or the “Company” – NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces that it successfully issued a RUB 10 bln exchange-traded bonds with a maturity of 4 years and 8.85% coupon on Moscow Interbank Currency Exchange (MICEX). The nominal price of the bonds is set at RUB 1,000 with the price of placement – 100% of nominal value.

The initial range for the first coupon was set at 9.00-9.20%. Due to strong demand for the issue among investors, MTS was able to set the rate for the first coupon at 8.85%. Book-building took place on March, 22.

Lead arrangers of bond are Sberbank CIB and Unicredit.

MTS intends to use the funds to further optimize its debt portfolio and general corporate purposes.

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For further information, please contact in Moscow:

Joshua B. Tulgan
Director, Department of Corporate Finance and Investor Relations
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail: ir@mts.ru