REG-JSC Sitronics Director/PDMR Shareholding

MOSCOW--(Business Wire)--

FOR IMMEDIATE RELEASE July 30, 2009

CHANGES IN MANAGEMENT AND DIRECTOR SHAREHOLDINGS

JSC SITRONICS (SITRONICS or the "Group") (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 that, under the terms of the share option programme launched in
March 2006, the participants of the programme have increased their shareholdings
in SITRONICS.

The members of Management Board and Board of Directors` shareholdings now stand
as follows:

* Sergey Aslanian - President and CEO of SITRONICS, Member of the Board of
Directors and Member of the Management Board - has acquired 23,915,453 shares,
which represents 0.273% of SITRONICS` total outstanding share capital, at a
price of RUB 1.00 per share, and therefore increased his shareholding to a total
of 65,580,742 shares representing 0.748% of the SITRONICS`s total outstanding
share capital
* Nikhad Khurem - Member of the Board of Directors - has acquired 18,697,566
shares, which represents 0.213% of SITRONICS` total outstanding share capital,
at a price of RUB 1.00 per share, and therefore increased his shareholding to a
total of 45,771,502 shares representing 0.522 % of SITRONICS` total outstanding
share capital
* Konstantin Khachaturov - Vice President for Corporate Development and Member
of the Management Board - has acquired 3,188,727 shares, which represents 0.036%
of SITRONICS` total outstanding share capital, at a price of RUB 1.00 per share,
and therefore increased his shareholding to a total of 8,742,437 shares
representing 0.099% of SITRONICS` total outstanding share capital
* Gennady Krasnikov - Head of SITRONICS Microelectronic Solutions and Member of
the Management Board - has acquired 9,348,783 shares, which represents 0.106% of
SITRONICS` total outstanding share capital, at a price of RUB 1.00 per share,
and therefore increased his shareholding to a total of 174,173,871 shares
representing 1.985% of SITRONICS` total outstanding share capital
* Alexander Krasovsky - Vice President for Sales and Marketing, Member of the
Management Board - has acquired 3,985,909 shares, which represents 0.045% of
SITRONICS` total outstanding share capital, at a price of RUB 1.00 per share,
and therefore increased his shareholding to a total of 10,928,047 shares
representing 0.125% of SITRONICS` total outstanding share capital
* Alexandros Manos - CEO of INTRACOM TELECOM and Member of the Management Board
- has acquired 9,348,783 shares, which represents 0.106% of SITRONICS` total
outstanding share capital, at a price of RUB 1.00 per share, and therefore
increased his shareholding to a total of 16,262,169 shares representing 0.185%
of SITRONICS` total outstanding share capital
* Mikhail Minkovsky - Vice President for New Technologies and Member of the
Management Board - has acquired 4,783,091 shares, which represents 0.054% of
SITRONICS` total outstanding share capital, at a price of RUB 1.00 per share,
and therefore increased his shareholding to a total of 13,116,149 shares
representing 0.149% of SITRONICS` total outstanding share capital
* Oleg Sherbakov - Vice President for Corporate Property and Member of the
Management Board - has acquired 1,335,540 shares, which represents 0.015% of
SITRONICS` total outstanding share capital, at a price of RUB 1.00 per share,
and therefore increased his shareholding to a total of 3,277,124 shares
representing 0.037% of SITRONICS` total outstanding share capital

According to the Disclosure and Transparency Rules of the Financial Services
Authority, SITRONICS` treasury shares were not included in the calculation of
respective holdings. The indicated total outstanding share capital also excludes
SITRONICS` treasury shares.

***

For further information, please visit www.sitronics.com or contact:

Corporate Communications Shared Value Limited
Irina Lanina Anastasia Gorokhova
Vice President Investor Relations
Tel: +7 495 225 0030 Tel: +44 (0) 20 7321 5010
lanina@sitronics.com sitronics@sharedvalue.net

SITRONICS is a leading provider of telecommunication solutions, including
software, equipment and systems integration, IT solutions and microelectronic
solutions in Russia and the Commonwealth of Independent States with a strong
presence in Central and Eastern Europe and a growing presence in the Middle East
and Africa.

SITRONICS serves over 3,500 clients, maintains offices in 32 countries and
exports its products and services to more than 60 countries. SITRONICS has
around 10,000 employees of whom approximately 4,500 are involved in research and
development.

SITRONICS` key Telecommunication Solutions operations are based in Prague, Czech
Republic and Athens, Greece, while the company`s IT Solutions and
Microelectronics divisions are based in Kiev, Ukraine and Zelenograd, Russia
respectively.

SITRONICS generated revenues of US$ 214.9 million for the three months ended
March 31, 2009 and had total assets of US$ 1,743.6 million at the end of the
period. SITRONICS is majority owned by Sistema, the largest public diversified
corporation in Russia and the CIS, which manages fast growing companies
operating in the consumer services sector.

SITRONICS has developed strategic alliances in its home markets with Cisco
Systems, STMicroelectronics, Infineon and Giesecke & Devrient in relation to
certain products and services. SITRONICS has vendor relationships with Siemens,
Ericsson, Motorola, ORACLE, Intel, Sun Microsystems and Microsoft. Key customers
include Sistema group companies, such as MTS, Comstar-UTS and MTT, and also OTE,
Cosmote, Vodafone, Ericsson, Arcelor Mittal (formerly Mittal Steel) and TCL.

Some of the information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of SITRONICS. You can identify forward-looking statements by terms
such as "expect," "believe," "anticipate," "estimate," "intend," "will,"
"could," "may" or "might" the negative of such terms or other expressions. These
statements are only predictions and actual events or results may differ
materially. We do not intend to or undertake any obligation to update these
statements to reflect events and circumstances occurring after the date hereof
or to reflect the occurrence of unanticipated events. Many factors could cause
the actual results to differ materially from those contained in our projections
or forward-looking statements, including, among others, general economic
conditions, our competitive environment, risks associated with operating in
Russia, rapid technological and market change in our industries, and other
factors specifically related to SITRONICS and its operations.

JSC Sitronics

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