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Mobile TeleSystems

October 9, 2009

Fitch affirms MTS credit rating with stable outlook

Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” – NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that Fitch Ratings has removed MTS from Rating Watch Negative and affirmed existing bond ratings at BB+ level. The outlook was changed from negative to stable.

Please refer to www.fitchratings.com  for additional information.

 

 

 

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