Moscow, Russia – 7 October 2015 – Sistema JSFC (“Sistema” or the “Company”) (LSE: SSA) today announces the successful closing of the bid book on October 06, 2015 for its Series 001R-01 exchange traded bonds with a total par value of RUB 5 billion. 

The bonds mature in 10 years, bondholders have the right to redeem their bonds at the point of expiration, 3 years from the date the bonds were placed. The coupon was set at 12.50% per annum.  Vsevolod Rozanov, Senior Vice President of Sistema, said: “We originally targeted a coupon in the 12.90%-13.25% range. Thanks to significant investor interest we were able to narrow the range twice to 12.50%-12.75% and close the book at the lower end, setting the coupon at 12.50%. This once again underscores the attractiveness of Sistema's securities and confidence in our strategy and financial position. The funds will be used for investments and general corporate purposes.” 

Forty-two bids were received from potential investors during the book-building period. Demand totalled more than RUB 10 billion. 

Gazprombank and Rosbank acted as the Co-Lead Managers of the issue. MTS Bank and East West United Bank SA acted as Co-Managers and Gazprombank as a placement agent. The bonds will be placed on the MICEX Stock Exchange on 13 October 2015.  

For further information, please visit www.sistema.comor contact: 

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