OREANDA-NEWS. Sistema JSFC ("Sistema", the "Group" or the "Company") (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, today announces that within the framework of its Long-Term Incentive Programme, which was approved by the Board of Directors of Sistema in December 2012, approximately 0.3% of ordinary shares of Sistema's charter capital has been granted to certain members of management and of the Board of Directors of Sistema.

The participants are generally free to dispose of their shares at their discretion, subject to certain rules, restrictions and notification requirements imposed by Russian and UK legislation and Sistema's insider trading policies.

Sistema is the largest publicly-traded diversified holding company 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 34.2 billion for the full year of 2012, and total assets of USD 44.7 billion as at December 31, 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.