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Financial Corporation "Sistema"

July 12, 2013

Shareholdings allocated to Sistema Board of Directors

Moscow, Russia - July 12, 2013 - Sistema JSFC ("Sistema" or the "Company") (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, today announces new allocations to the Sistema Board of Directors' shareholdings in the Company.

In line with the remuneration structure for the members of Sistema's Board of Directors, shareholdings in the Company of six members have been increased by 121,010 shares and by 115,691 shares for each of five other board members (three of whom received shares for the first time).

Each allocation represents approximately 0.0013% of the 9,650,000,000 total shares issued.

Based on the closing GDR price on the London Stock Exchange as of July 11, 2013 of US$ 20.65 per GDR, this equates to an indicative value of approximately US$ 1.347 million.

- Chairman of the Board Vladimir Evtushenkov's shareholding in the Company has increased from 64.1843% to 64.1855%;

- Deputy Chairman of the Board Alexander Goncharuk's shareholding in the Company has increased from 1.0077% to 1.0089%;

- Independent Director, Brian Dickie, who did not previously hold any shares in the Company, now has a shareholding of 0.0013%;

- Director Dmitry Zubov's shareholding in the Company has increased from 0.9939% to 0.9951%;

- Independent Director Robert Kocharyan's shareholding in the Company has increased from 0.0032% to 0.0045%;

- Independent Director Jeannot Krecké's shareholding has increased from 0.0004% to 0.0017%;

- Independent Director Roger Munnings's shareholding in the Company has increased from 0.0022% to 0.0035%.

- Independent Director Marc Holtzman, who did not previously hold any shares in the Company, now has a shareholding of 0.0013%;

- Independent Director Serge Tchuruk's shareholding in the Company has increased from 0.0013% to 0.0026%;

- Executive Director Mikhail Shamolin's shareholding in the Company has increased from 0.0545% to 0.0557%.

- Independent Director David Iakobashvili's shareholding in the Company has increased from 0.0031% to 0.0043%. 

***

For further information, please visit www.sistema.com or contact:

Investor Relations

Evgeniy Chuikov

Tel.: +7 (495) 692 1100

ir@sistema.ru

Public Relations

Yulia Belous

Tel: +7 (495) 730 1705

pr@sistema.ru  

 

 

 

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