EQS-Regulatory: ROSTELECOM BOARD OF DIRECTORS HELD A MEETING

29 Dec 2016 12:08

PJSC ROSTELECOM / Miscellaneous - Medium PriorityROSTELECOM BOARD OF DIRECTORS HELD A MEETING 29-Dec-2016 / 14:08 CET/CESTDissemination of a Regulatory Announcement, transmitted by EquityStory.RS,LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ROSTELECOM BOARD OF DIRECTORS HELD A MEETING Moscow, Russia - December 29, 2016 - Rostelecom PJSC (MOEX: RTKM, RTKMP;OTCQX: ROSYY), Russia's national telecommunications operator, todayannounces that on December 28, 2016 its Board of Directors has made thefollowing decisions: - to approve the Company's budget for 2017; - to consider interim results of the Company's long-term development programme execution in 2016, to preliminary sustain the Company's long- term development programme for the period 2017-2021, to determine target values of the key performance indicators stipulated by the decrees of the Government of the Russian Federation No.2303p-P13 dated April 16, 2015, No. 4750p-P13 dated July 4, 2016, No. 1471p-P13 dated March 3, 2016 for the purposes of the Company's long-term development programme for the period 2015-2019; - to approve the amended regulations No. 2 on the key performance indicators of Rostelecom; - to approve the regulations on the key performance indicators for the purposes of annual bonuses determination of the president of Rostelecom. This announcement contains inside information in accordance with Article 7of EU Regulation 596/2014 of November 10, 2014. Pavel NezhutinDirector of Corporate Governance Department+7 (499) 999-82-83 --------------------------------------------------------------------------- The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Archive at www.dgap.de/ukreg --------------------------------------------------------------------------- Language: English Company: PJSC ROSTELECOM 30 Goncharnaya st. 115172 Moscow Russia Phone: +7 (499) 999-82-83 Fax: +7 (499) 999-82-22 E-mail: rostelecom@rt.ru Internet: www.rostelecom.ru ISIN: US7785291078 Listed: Foreign Exchange(s) Moscow Category Code: MSCM TIDM: RKMD Sequence Number: 3728 Time of Receipt: 29-Dec-2016 / 14:08 CET/CEST End of Announcement EquityStory.RS, LLC News Service--------------------------------------------------------------------------- 533297 29-Dec-2016

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.