September 2014

24.09.2014
MTS and the Republic of Uzbekistan Set Up Telecom Joint Venture

Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” or the “Company” – NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that the Company has acquired a controlling stake in the Russian-Uzbek joint venture Universal Mobile Systems LLC (“UMS’’ or “the Operator”) and plans to commercially launch operations throughout the territory of Uzbekistan on December 1, 2014.

24.09.2014
Suspension of Transactions with MTS’s Ordinary Shares and Trading of the Ordinary Shares on the Moscow Exchange

Moscow, Russian Federation — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that in accordance with new requirements under Russian laws governing the operations of registrars and depositories, all transactions involving MTS’s ordinary shares, as well as trading of the Company’s shares on the Moscow Exchange, will be temporarily suspended beginning September 25, 2014.

24.09.2014
Ad Hoc Notice

Moscow, Russian Federation — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that it sold its 51.0% stake in ETEL CJSC, fixed-line broadband provider in Ryazan, to a private investor. ETEL CJSC discontinued operations in Q2 2014.

19.09.2014
Ad Hoc Notice

Moscow, Russian Federation — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that transactions involving MTS’s ordinary shares and shares held in depositary accounts, as well as trading of the Company’s shares on the Moscow Exchange, will be temporarily suspended due to the reorganization of MTS OJSC through the takeover of subsidiaries approved at MTS’s most recent AGM.

17.09.2014
Ad Hoc Notice

Moscow, Russian Federation — Mobile TeleSystems OJSC (“MTS” — NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that on September 16, 2014, Vladimir Evtushenkov, Chairman of the Board of Directors of Sistema JSFC (“Sistema”) (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS and the parent company of MTS with effective ownership stake in MTS of 53.46 per cent, was charged as a part of a criminal investigation into legalization of shares of BashTEK group. According to the statement of Sistema, Sistema's management believes that the acquisition of BashTEK group was legal and transparent. Sistema is fully cooperating with the investigation and intends to use all legal means to defend its position.

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