OREANDA-NEWS. October 26, 2012. Sistema JSFC ("Sistema" or the "Company") (LSE: SSA), the largest diversified public financial corporation in Russia and the CIS, today announces that during the period of October 10 - October 15, 2012 it has purchased 325,389 Sistema Global Depository Receipts (which accounts for approximately 0.07% of the Company's charter capital) and 1,465,300 Sistema ordinary shares (which accounts for approximately 0.02% of the Company's charter capital).

In aggregate Sistema has bought back 6,452,619 of GDRs at an average price of USD 19.96 per GDR and 19,784,700 of ordinary shares at an average price of RUB 25.96 per share since the start of the share repurchase programme on 6 June 2012 to its completion on 15 October 2012.

Sistema is the largest diversified public financial corporation in Russia and the CIS, which invests in and is a major shareholder of companies serving over 100 million customers in the sectors of telecommunications, high technology, oil and energy, radars and aerospace, banking, retail, mass-media, tourism and healthcare services. Founded in 1993, the company reported revenues of USD 8.1 billion for the second quarter of 2012, and total assets of USD 43.6 billion as at June 30, 2012. 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 MICEX-RTS Stock Exchange, and under the symbol "SIST" on the Moscow Stock Exchange (MSE). Sistema was ranked number 315 in the 2011 edition of the Fortune Global 500 list.