MOSCOW, Russia - February 4, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced the appointment of  Pavel Pavlovsky as Vice President, Head of SITRONICS' Telecom Solutions Division. Mr. Pavlovsky previously held the position of General Director of MTS-Ukraine.

Mr. Pavlovsky will be responsible for centralisation of the management teams of SITRONICS' subsidiaries in Greece, Czech Republic and Russia, as well as the optimisation of marketing efforts in the Company's developing regions.

Sergey Aslanyan, President and Chief Executive Officer of SITRONICS, commented: "Pavel will focus his efforts on strengthening the overall corporate function and streamlining the interactions of our subsidiaries across country lines.  He will also be responsible for driving and managing large projects in our fastest growing geographic and vertical markets.  We are well positioned to successfully promote our modern packages of products and services, which we have developed in partnership with global technological leaders.  As a dynamic multinational company, we intend to significantly increase our presence in developing regions and Pavel will be instrumental in these efforts."

Pavel Pavlovsky, Vice President, Head of SITRONICS' Telecom Solutions Division, added: "SITRONICS has a highly competitive portfolio of products and the Company has successfully implemented impressive projects in many countries.  I am confident that there will be great demand for SITRONICS' modern telecommunications solutions from the major mobile operators and other companies."

Mr. Pavlovsky was born on December 11, 1969, in Leningrad, Russia.  From 2007 to 2008, he served as Vice President of "MTS-Ukraine" and "MTS-Foreign Subsidiaries".

From 2005 to 2007, he served as Director of"MTS-Foreign Subsidiaries".  From 2003 to 2005, he served as Director of Corporate Development department at MTS. From 2002 to 2003, Mr. Pavlovsky worked as an independent consultant.  From 2000 to 2002, he was a Senior Consultant at Mercer Management Consulting in London.  From 1995 to 1998, Mr. Pavlovsky worked as a consultant at A. T. Kearney consultancy in St. Petersburg and Moscow.  He is a graduate of St. Petersburg State University and holds an MBA degree from INSEAD, Fontainebleau, France.