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Financial Corporation "Sistema"

May 5, 2017

Purchase of Sistema's ordinary shares

Moscow, Russia – 5 May 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 on 25 April 2017 its 100% owned subsidiary, Sistema Finance JSC, acquired 71,433,524 of Sistema's ordinary shares, representing 0.74% of Sistema's share capital for a total consideration of approximately 27.86 million US dollars, from a non-affiliated seller. The shares were purchased for general corporate purposes, including incentive programmes for employees and top management. As a result of this transaction, Sistema Group owns 2.3% of the Company’s total share capital.

***

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

Investor Relations

Yuri Krebs

Tel: +7 (495) 7306600

y.krebs@sistema.ru

Public Relations

Sergey Kopytov

Tel.: +7 (495) 228 15 32

kopytov@sistema.ru

 

 

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