OREANDA-NEWS. December 7, 2010. JSC SITRONICS (the “Company”) (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 on the transfer of the Company’s common shares from the Quotation List “B” of Moscow Stock Exchange (MSE) to the List of securities admitted to trading without the listing procedures. The decision has been made based on JSC SITRONICS’ application of October 29, 2010. Today the Company has received the notification about the transfer from MSE.

JSC SITRONICS has made an application about exclusion from the Quotation List “B” based on the fact that more than 85% of the Company’s free-float is circulated in the form of GDR and further listing on two Russian exchanges is considered to be impractical by the Company. Taking into consideration the fact that a larger volume of the remaining 15% falls at RTS Stock Exchange, JSC SITRONICS took a decision about exclusion from the Quotation List “B” of MSE.