Moscow, Russian Federation – PJSC MTS (NYSE: MBT, MOEX: MTSS) (“the Company”), the leading telecommunications operator in Russia, announces the appointment of Vyacheslav Nikolaev as Chief Marketing Officer. His nomination has been approved by the Board of Directors.

Prior to his new appointment, Vyacheslav was head of B2C Marketing at MTS for six years. Vyacheslav has overseen a number of strategic initiatives at MTS, including product development. He was directly involved in a number of initiatives that led to structural changes in the Russian telecom market, including the introduction of free internet calling, the development of data-oriented tariffs and the launch MTS’ mobile virtual network operator with MGTS. He was also the visionary behind MTS’ unlimited tariff Bezlimitische, one of the most popular tariffs in Russia.

Andrey Dubovskov, President and Chairman of MTS’ Management Board, commented: "Vyacheslav has led one of MTS’ key areas of operations for many years, successfully developing innovative products and services for our multi-million subscriber base. As Chief Marketing Officer, Vyacheslav will be responsible for implementing our strategy to develop and position MTS as a multiservice IT company that extends its business beyond traditional operator functions."

Biography

Vyacheslav Nikolaev has held a number of senior positions in marketing and commercial management at MTS since he joined the Company in 2004. He was appointed Director of B2C Marketing in 2011. Prior to this, he was MTS’ Group Director for Commercial Control. Vyacheslav also served as Deputy Director and then Director of MTS Russia.

Before joining MTS, Vyacheslav was a respected telecom analyst, leading the industry research teams at TRUST and Rennaissance Capital. Vyacheslav began his professional career in 1997 as a consultant at European Public Policy Advisers (UK) and J'son and Partners (Sweden).

Vyacheslav graduated from the Faculty of Computational Mathematics and Cybernetics at Lomonosov Moscow State University in 1993.

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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