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Financial Corporation "Sistema"

April 13, 2006

Conference call to discuss the results of the Board Meeting of MTS

THURSDAY, 13 APRIL 2006

9.30 AM (ET) / 2.30 PM (UK) / 3.30 PM (CET) / 5.30 PM (MOSCOW)

Host:

Alexey Kurach - Head of Investor Relations

Speakers:

Vladimir Evtushenkov - Chairman of the Board, Sistema

Alexey Buyanov - Chief Financial Officer, Sistema; Board Director, MTS

Alexander Gorbunov - Head of Corporate Development, Sistema; Board Director, MTS

Sistema, the largest private sector consumer services company in Russia and the CIS, will host a conference call with the financial community tomorrow, Thursday 13 April 2006 to discuss the results of the Board Meeting of MTS.

The conference call will start at 5:30 pm (Moscow Time)/ 3:30 pm (CET) / 2:30 pm (London Time) / 9:30 am (Eastern Time).

To participate in the conference call, please register at:

www.sharedvalue.net/sistema/mts

The dial in number to join the conference call will be available upon registration.

You may also contact Shared Value on +44 (0)20 7321 5010 for further details.

Sistema is the largest private sector consumer services company in Russia and the CIS, with over 50 million customers. Sistema develops and manages market-leading businesses in selected service-based industries, including telecommunications, technology, insurance, banking, real estate, retail and media. Founded in 1993, the company reported revenues of US$ 5.4 billion for the first nine months of 2005, and total assets of US$ 12.1 billion as at September 30, 2005. Sistema’s shares are listed under the symbol “SSA” on the London Stock Exchange, under the symbol “AFKS” on the Russian Trading System (RTS), and under the symbol “SIST” on the Moscow Stock Exchange (MSE).

 

 

 

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