Moscow, Russian Federation — Mobile TeleSystems 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 motion filed by Rosneft PJSC and Bashneft PJSOC with the Republic of Bashkortostan Arbitration Court to amend damages sought under a legal claim, which MTS previously disclosed, against Sistema PJSFC and its subsidiary Sistema-Invest JSC.
For further information, please see Sistema's release on the issue http://www.sistema.com/press/press-releases/detail/article/22701/
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/