Four Quarter and Full Year 04 Financial and Operating Results Announcement and Conference Call

The management of Mobile TeleSystems (MTS) will be holding a conference call to discuss the Company's Fourth Quarter and Full Year 2014 Financial and Operating Results on March 17, 2015.

The conference call will start at:

18:00 hrs (Moscow time)

15:00 hrs (London time)

11:00 hrs (US Eastern time)

To take part in the conference call, please dial one of the following telephone numbers and quote the confirmation code, 2760226

From Russia: 7 495 213 0977

From the UK: 44 (0) 20 3427 1904

From the US: 1 212 444 0412

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 at approximately 15.00 (Moscow) 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 2760226#

From the UK: 44 (0)20 3427 0598 PIN 2760226#

From Russia: 7 (495) 705 9453 PIN 2760226#

* * *

For further information, please contact in Moscow:

Joshua B. Tulgan

Director, Department of Corporate Finance and Investor Relations

Mobile TeleSystems OJSC

Tel: 7 495 223 2025

E-mail: ir@mts.ru

Learn more about MTS. Visit the official blog of the Investor Relations Department at www.mtsgsm.com/blog/

* * *

Mobile TeleSystems OJSC ("MTS") is the leading telecommunications group in Russia, entral and Eastern Europe, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services in one of the world s fastest growing regions. Including its subsidiaries, the Group services over 100 million mobile subscribers. The Group has been awarded GSM licenses in Russia, Ukraine, Armenia, Turkmenistan

LINK:	http://www.mtsgsm.com/news/2015-03-02-83342...
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