Moscow, Russian Federation — MTS PJSC (“MTS” or the “Company” – NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces that the Company paid out dividends to Sistema PJSFC (LSE: SSA, MOEX: AFKS), the parent company of MTS with effective ownership stake in MTS of 50.03 per cent, in the total amount of RUB 16,501,530,682 based on the Company’s full-year 2016 and half-year 2017 financial results.

The payout was made in accordance with the resolution of the Federal Bailiff Service in Moscow, dated from December 26, 2017, which lifted restrictions on realizing economic benefits on 31.76% of shares of authorized capital of MTS PJSC held by Sistema PJSFC.

The payout will be duly reflected in the Company’s full-year 2017 financial results.

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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