Moscow, Russian Federation — Mobile TeleSystems MTS PJSC (“MTS” or the “Company” – NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces that Sistema PJSFC (LSE: SSA, MOEX: AFKS), the parent company of MTS with effective ownership stake in MTS of 50.03 per cent, received a legal claim filed by Rosneft PJSC and Bashneft PJSOC against Sistema PJSFC and its subsidiary Sistema-Invest JSC for the recovery of damages in the amount of RUB 106,629,934,819, allegedly incurred by the claimants due to the restructuring of Bashneft PJSOC.
For further information, please see Sistema's release on the issue http://www.sistema.com/press/press-releases/detail/article/22639/
The claim does not involve MTS and has no impact on the operational activities of MTS.
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For further information, please contact in Moscow:
Joshua B. Tulgan
Director, Department of Corporate Finance and Investor Relations
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
Learn more about MTS. Visit the official blog of the Investor Relations Department at www.mtsgsm.com/blog/