MOSCOW, Russia - March 12, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced that, in the absence of a quorum, Extraordinary General Meeting of its shareholders ("EGM") scheduled for March 11, 2008 did not take place.

MOSCOW, Russia - December 6, 2007 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, information technology and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced its summary unaudited consolidated US GAAP financial results for the third quarter and nine months ended September 30, 2007.

MOSCOW, Russia – October 3, 2007 – JSC SITRONICS (“Sitronics” or “The Company”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced the appointment of Sergey Aslanyan as President and Chief Executive Officer, with immediate effect. Mr. Aslanyan previously held the position of Vice President for Network and Information Technology at Mobile TeleSystems OJSC.

MOSCOW, Russia – September 25, 2007 – JSC SITRONICS (“Sitronics” or “The Company”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced the pricing of its first rouble-denominated bond issue. The 3-year RUB 3 billion issue was priced at 100% with an annual coupon of 10% and a put option after 1.5 years at which time the coupon rate could be reset. Coupon payments will be made on a semi-annual basis.

MOSCOW, Russia – September 12, 2007 – JSC SITRONICS (“Sitronics” or the “Group”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced its unaudited consolidated US GAAP financial results for the six months ended June 30, 2007.

MOSCOW, Russia – September 11, 2007 – JSC SITRONICS (“Sitronics” or “The Company”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced that a part of its INTRACOM TELECOM subsidiary, INTRACOM MIDDLE EAST, is deploying the WiMAX network for ZAIN Bahrain, one of the leading telecommunication operators in the Kingdom of Bahrain. The US$ 10.2 million project is expected to be completed by the end of September 2007.

Moscow, Prague, 05 September 2007 – SITRONICS, the leading supplier of telecommunications, information technologies and microelectronics solutions in Russia and the countries of the CIS, and with a growing presence in Central and Western Europe, the Middle East and Africa, announced that MTS Belarus, the country’s largest mobile operator, has adopted the FORIS BSS/OSS billing system of SITRONICS Telecom Solutions.