Moscow, Russia - February 4, 2013 - Sistema JSFC ("Sistema", the "Group" or the "Company") (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, today announces that the licences of the Company's Indian telecom subsidiary Sistema Shyam TeleServices Limited (SSTL) have been extended until the next Supreme Court hearing, which is currently scheduled for March 11, 2013.