OREANDA-NEWS. July 17, 2014. Sistema JSFC ("Sistema" or the "Company") (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, announces that it has received a notice from OJSC REESTR about restrictions on transactions with the shares of Bashneft OJSC owned by Sistema.

The restrictions do not however limit Sistema's voting rights, right to receive dividends or any other shareholder rights.

The restrictions are related to an investigation, which Sistema is not party to, and with which the Company plans to fully cooperate.

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 8.2 billion for the first quarter of 2014, and total assets of US\\$ 41.5 billion as at March 31, 2014. 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 Moscow Exchange. Sistema was ranked number 308 in the 2013 edition of the Fortune Global 500 list. Website: www.sistema.com