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Financial Corporation "Sistema"

September 17, 2014

Statement on charges against Sistema's major shareholder

Moscow, Russia - September 17, 2014 - Sistema JSFC ("Sistema", "the Company") (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, notes that on September 16, its major shareholder and Chairman of its Board of Directors, Vladimir Evtushenkov, has been charged with legalisation of shares of BashTEK group. Sistema's management believes that the acquisition of BashTEK group was legal and transparent. The company is fully cooperating with the investigation and intends to use all legal means to defend its position.  

*** 

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

Investor Relations

Evgeniy Chuikov

Tel.: +7 (495) 692 1100

ir@sistema.ru

Public Relations

Olga Gudina

Tel.: +7 (495) 730 71 88

gudina@sistema.ru

 

 

 

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