Re legal claim against Sistema Group companies

Regarding legal claim against Sistema Group companies

Moscow, Russia - 3 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 at the time of publishing this press release, neither Sistema nor its subsidiary companies had received any documentation in connection with a claim filed by PJSOC Bashneft and/or Rosneft. Sistema will provide an update to the market following receipt of the relevant documents.

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Sistema PJSFC is a publicly-traded diversified Russian holding company serving around 150 million customers in the sectors of telecommunications, retail, agriculture, paper and packaging, high technology, banking, real estate, pharmaceuticals, tourism and healthcare services. Founded in 1993, the Company reported revenues of RUB 697.7 billion for 2016 and total assets of RUB 1.1 trillion as at 31 December 2016. Sistema's global depository receipts are listed under the symbol "SSA" on the London Stock Exchange. Sistema's ordinary shares are listed under the symbol "AFKS" on the Moscow Exchange. Website: www.sistema.com