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SITRONICS TELECOM SOLUTIONS TO DELIVER TECHNICAL SUPPORT TO WARID TELECOM UGANDA

SITRONICS Telecom Solutions signs new deal with Warid Telecom in Uganda.

Prague, October 12th, 2009 - SITRONICS Telecom Solutions, a leading provider of a variety of telecommunications, utilities and EMS solutions in Russia & the CIS, India, CEE, Middle East and Africa, announces that it has signed a new contract with Ugandan mobile operator Warid Telecom.

Within the framework of the agreement, SITRONICS Telecom Solutions (SITRONICS TS) will supply technical support to Warid Telecom Uganda over the next three years. The total value of the contracts are USD $3.8 million.

Commenting on the success of this recent contract, SITRONICS TS CZ General Manager Pavel Smejkal said, "We are pleased to announce the deal with Warid Telecom Uganda, which is one of the most dynamic mobile operators in Africa. This agreement highlights the beneficial relationship and trust between the two companies, and further developing our cooperation will enable Warid to reach their strategic goals and increase their market presence in Uganda."

SITRONICS TS products, services and solutions currently enable the operations for over 100 million end users in such telecommunications operators as the MTS Group, Comstar UTS, Vodafone and Telecom Serbia, in a number of countries around the world, including the Czech Republic, Germany, Russia, Ukraine, India, Pakistan, Serbia and Uzbekistan.

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About SITRONICS TS

SITRONICS Telecom Solutions (SITRONICS TS) is an international provider of OSS/BSS solutions, Next-Generation Network (NGN) solutions and equipment, WiMAX, IPTV and broadband systems, solutions for utility providers and a range of professional and managed services.

SITRONICS TS has 1800 team members, the majority of which are professionals dedicated to R&D in the Czech Republic, Russia, India, Ukraine, Serbia, Bosnia & Herzegovina and Pakistan.

SITRONICS TS is the telecommunications division of SITRONICS JSC and has products deployed in over 50 telecommunications networks across 14 countries.

For more information, please visit: www.telecom.sitronics.com

About JSC SITRONICS

JSC SITRONICS (LSE: SITR) is Russia’s largest ICT company and one of the leading suppliers of telecommunication solutions, information technologies and microelectronics in Russia and the CIS with a focus on continued market expansion into Central and Eastern European, Middle Eastern and African markets. SITRONICS serves more than 3500 clients and has representatives and branch offices in 33 countries, with exports going to more than 60 countries. SITRONICS JSC is the high technology arm of AFK Sistema, it’s majority owner and one of Russia’s largest consolidated investment companies, and employs more than 10,000 professionals in its main offices, which are located in Prague (Czech Republic) and Athens (Greece), Kiev (Ukraine) and Zelenograd, Moscow (Russia).

For more information, please visit: www.sitronics.com