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Financial Corporation "Sistema"

December 3, 2007

Sistema recommences trading on Russian markets

Moscow, Russia,  December 3, 2007 - Sistema (LSE:SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced that it will recommence trading in its shares on the Russian stock exchanges within a week from today.

On November 8, 2007, trading in Sistema shares was suspended in connection with a share split of 1,000 times. On November 29, 2007, the Federal Financial Markets Service (FFMS) registered the Company's report on the share split, as a necessary precondition for shares recommencing trading at the new price following the split. The Sistema share split has been carried out as part of a programme aimed at increasing liquidity of the Company's shares on the Russian market. As a result, Sistema's charter capital was split into 9,650,000,000 ordinary shares, with each having a nominal value of 0.09 rubles.

 

 

 

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