OREANDA-NEWS. On 26 May 2009 JSC SITRONICS (SITRONICS or the “Group”) (LSE: SITR), a leading provider of telecommunications, information technology and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, announced that the Board of Directors (the “Board”) has set a date for the Annual General Meeting of SITRONICS’ Shareholders (“AGM”) for June 30, 2009. The AGM will take place at 4.00 pm Moscow time at the following address: 39/5, 3-ya Tverskaya-Yamskaya St., Str. 1, Moscow, 125047, Russia.

The Board recommended the AGM to approve the following:

- The Annual Report of JSC SITRONICS for 2008; the annual financial statements, including the profit and loss statement of JSC SITRONICS for 2008;

- Distribution of the profit and loss of JSC SITRONICS upon the results of the fiscal year;

- Determination of the total number of the members of the Board of Directors of JSC SITRONICS;

- Election of the members of the Board of Directors of JSC SITRONICS;

- Election of the members of the Audit Committee of JSC SITRONICS;

- Approval of the Auditor of JSC SITRONICS for 2009;

- Revised editions of the internal regulations of JSC SITRONICS, as well as changes in the internal documents of JSC SITRONICS;

- The related party transactions, which may be made by JSC SITRONICS in future.

The Board also recommended not to pay an annual dividend for the twelve months ended December 31, 2008.

Shareholders registered at the record date of May 12, 2009 will be eligible to participate and vote at the meeting.