Wednesday, 9 December 2009

9.00 AM (ET) / 2.00 PM (UK) / 3.00 PM (CET) / 5.00 PM (MOSCOW)

Host:

Maxim Arkhipov – Head of Investor Relations Department

Speakers:

Leonid Melamed – President and Chief Executive Officer

Anton Abugov – First Vice-President, Head of Strategy and Development functional division

Alexey Buyanov – Senior Vice-President, Head of Financial functional division

To participate in the conference call, please dial:

UK/ International: +44 20 7190 1596

US: +1 480 629 9774

The earnings release will be posted approximately five hours prior to the conference call at www.sistema.comand the management’s slide presentation will be posted approximately one hour prior to the conference call at: https://www.sistema.com/investors/presentations/

A replay of the conference call will be available on the Company’s website www.sistema.com  for 7 days after the event.

You may also contact Shared Value on +44 (0)20 7321 5010 for further details.