AFK Sistema — Director's Dealing 2016

Jul 11, 2016

1.	Name of the issuer: <br>Sistema Joint Stock Financial Corporation	Name of the issuer: <br>Sistema Joint Stock Financial Corporation	Name of the issuer: <br>Sistema Joint Stock Financial Corporation
		NameSiste	of the issuer: <br>ma Joint Stock Financial Corporation	2.		Notification relates to a transactionnotified in accordance with the DTR 3.1.
3.		Name	of person discharging managerial	4.		State whether notification relates to a person
		respoSergeMemSiste	nsibilities/directori Anatolievich Shishkin,ber of the Management Board ofma JSFC			connected with a person dischargingmanagerial responsibilities/director named in3 and identify the connected person:No
5.		Notifholdi	ication is made in respect of ang of the person referred to in 3	6.		Description of shares (including class),debentures or derivatives or financial
		abov	e			instruments relating to shares:Ordinary registered shares of SistemaJoint Stock Financial Corporation
7.		Nameif mo	of registered shareholders(s) and,re than one, the number of shares	8.		State the nature of the transaction:shares acquired
		heldSerge	y each of them:i Anatolievich Shishkin
9.		Numfinanacqui	ber of shares, debentures orcial instruments relating to sharesred:	10.		Percentage of issued class acquired (treasuryshares of that class should not be taken intoaccount when calculating percentage):
		471,2	00 shares			0.0049%
11.		Numfinandispo	ber of shares, debentures orcial instruments relating to sharessed:	12.		Percentage of issued class disposed (treasuryshares of that class should not be taken intoaccount when calculating percentage):
		Not a	pplicable			Not applicable
13.		PriceRUB	per share or value of transaction 1:21.17 per share	14.		Date and place of transaction:July 11, 2016Moscow, Russian Federation
15.		Totaltotalnotifinot b	holding following notification andpercentage holding followingcation (any treasury shares shoulde taken into account when	16.		Date issuer informed of transaction:July 12, 2016
		calcu1,971	lating percentage):,212 shares (0.0204%)
		ersonlete t	discharging managerial responsibilitieshe following boxes	has be

If a person discharging managerial responsibilities has been granted options by the issuer then complete the following boxes

17.	Date of grant:Not applicable	18.	Period during which or date on whichexercisable:Not applicable
19.	Total amount paid (if any) for grant ofthe option:Not applicable	20.	Description of shares or debentures involved(class and number):Not applicable
21.	Exercise price (if fixed at time of grant)or indication that price is to be fixed atthe time of exercise:Not applicable	22.	Total number of shares or debentures overwhich options held following notification:Not applicable
23.	Any additional information:None	24.	Name of contact and telephone number forqueries:Mr. Yuriy KrebsTel.: +7 (495) 730 6600ir@sistema.ru

Name of authorized official of issuer responsible for making notification: Mr. Evgeniy Chuikov – Head of Corporate Communications of Sistema Joint Stock Financial Corporation

Date of notification: July 12, 2016

Signature of _______________ /____________________/

Sistema Joint Stock Financial Corporation