Sistema finishes 2012 with 7.5 million Stream-TV subscribers

Stream-TV subscriber base in 2012 increased by 21.0% YoY to 7.5 mln customers

MOSCOW, Russia — Sistema JSFC (“Sistema” or the “Company”, together with its subsidiaries, “the Group”) (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, today announces its consolidated US GAAP financial results for the fourth quarter and the full year ended December 31, 2012.

Sistema Mass Media (SMM)

The Stream-TV subscriber base increased by 21.0% in 2012 to 7.5 million subscribers, while the share of revenue from advertising on Stream-TV as a percentage of total revenue grew by 0.6 p.p. year-on-year to 15.4%. In 2012, the RWS content library grew by 7.3% to 1,600 hours. RWS produced 109 hours of content in-house and sold 140 hours of content in the reporting year.

Stream TV subscriber base (millions):

4Q 2011  3Q 2012  4Q 2012
-------  -------  -------
    6.2      7.2      7.5