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Financial Corporation "Sistema"

April 28, 2015

Additional compensation from Ural-Invest

Moscow, Russia – April 28, 2015 – Sistema JSFC (“Sistema”) (LSE: SSA), a publicly-traded diversified holding company in Russia and the CIS, today announces that it has signed an agreement with Ural-Invest LLC. In accordance with the terms of the agreement, Sistema will be entitled to receive an additional RUB 12.9 billion in cash assets and financial instruments for the recovery of damages from Ural-Invest LLS, suffered by Sistema as a result of loss of the Bashneft shares.   

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

Investor Relations

Evgeniy Chuikov

Tel: +7 (495) 692 1100

ir(at)sistema.ru

Public Relations

Sergey Kopytov

Tel.: +7 (495) 228 15 27

kopytov(at)sistema.ru

 

 

 

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