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Ratings

Sistema's credit ratings, from Moody's, Fitch and Standard & Poor.

Company	Rating Agency	Rating	Outlook	Effective
Sistema	S&P	BB	Stable	15.02.2013
	Moody's	Ba3	Stable	01.11.2012
	Fitch	BB-	Stable	04.12.2012
MTS	S&P	BB	Stable	15.02.2013
	Moody's	Ba2	Stable	12.04.2012
	Fitch	BB+	Stable	05.12.2012
MTS - Bank	Fitch	B+	Stable	28.11.2011
MTS - Bank	Moody's	B1	Stable	06.10.2010
Bashneft	Fitch	ВВ	Stable	14.05.2012
Bashneft	Moody's	Ва2	Stable	19.04.2012

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