OREANDA-NEWS. Due to circumstances relating to the availability of senior management we have to reschedule the Q1 2014 results announcement and conference call for May 27, 2014. Apologies for any inconvenience this may cause.

The management of Mobile TeleSystems (MTS) will be holding a conference call to discuss the Company's First Quarter 2014 Financial and Operating Results on May 27, 2014.

The conference call will start at:

18:00 hrs (Moscow time)

15:00 hrs (London time)

10:00 hrs (US Eastern time)

To take part in the conference call, please dial one of the following telephone numbers and quote the confirmation code, 5871058

From Russia + +7 495 213 0977

From the UK: +44 (0) 20 3427 1900

From the US: +1 212 444 0481

The conference call will also be available at: <http://www.mtsgsm.com/news/reports/> via audio webcast.

The earnings release and the management's slide presentation will be posted approximately three hours prior to the conference call at: <http://www.mtsgsm.com/news/reports/>.

A replay of the conference call will be available for seven days on the following telephone numbers:

From the US: +1 347 366 9565 PIN 5871058#

From the UK: +44 (0)20 3427 0598 PIN 5871058#