Information Disclosure

INFORMATION about transactions with affiliates of Mobile TeleSystems, JLLC subject to disclosure under the Companies Law of the Republic of Belarus

as of February 25, 2014

Registered office: 95, pr. Nezavisimosti, 220043, Minsk, the Republic of Belarus

This information is disclosed in accordance with part 7 Clause 57 of the Companies Law of the Republic of Belarus.

Contract type and date Transaction parties Business to be transacted Interest criteria

Free Financing (Sponsorship) Agreement

May 20, 2013

Mobile TeleSystems, JLLC (Sponsor) and

the Belarusian Association of Gymnastics, PA (Recipient)

The Sponsor provides the Recipient with grant assistance (sponsorship) in the form of monetary funds in the amount of 250,000,000 (two hundred and fifty million) Belarusian rubles.

The entity exercising the powers and authority of the sole executive body of the company is interested in the transaction (paragraph two part seven Article 57 of the Companies Law)