Acquisition of Sistema shares by members of the Management Board

Moscow, Russia - 28 April 2017 - Sistema PJSFC ("Sistema" or "the Company") (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company operating primarily in Russia and the CIS, announces that members of the Company's Management Board have acquired Sistema ordinary shares. Details on the acquisitions are as follows:

The shares were acquired as part of the programme for senior management of the Company to participate in the share capital of Sistema, whereby heads of Sistema's functional subdivisions invest part of their total annual income in the Company's shares every year.  

Additional information

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

Sistema PJSFC is a publicly-traded diversified Russian holding company serving around 150 million customers in the sectors of telecommunications, retail, agriculture, paper and packaging, high technology, banking, real estate, pharmaceuticals, tourism and healthcare services. Founded in 1993, the Company reported revenues of RUB 697.7 billion for 2016 and total assets of RUB 1.1 trillion as at 31 December 2016. Sistema's global depository receipts are listed under the symbol "SSA" on the London Stock Exchange. Sistema's ordinary shares are listed under the symbol "AFKS" on the Moscow Exchange. Website: www.sistema.com