MOSCOW, Russia - October 8, 2008 - 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 the appointment of Oksana Kovalevskaya as Vice President for Strategy, with immediate effect. Ms. Kovalevskaya previously held the position of Deputy General Director for Strategy and M&A at Sistema Mass Media.

MOSCOW, Russia - September 25, 2008 - 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 INTRACOM TELECOM, a part of SITRONICS Telecommunication Solutions business division, has completed the installation of INTRALINK radio relay equipment for pan-Indian operator Shyam Telelink's Rajasthan operations.

MOSCOW, Russia - September 18, 2008 - 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 INTRACOM TELECOM, a part of SITRONICS Telecommunication Solutions business division, has signed a EUR 122.5 million contract with the Romanian Ministry of Education, Research and Youth to deliver equipment for IT laboratories in over 8,000 secondary education schools in Romania. The project will be implemented in cooperation with INTRACOM TELECOM's subcontractor, Siveco Romania S.A..

MOSCOW, Russia - September 10, 2008 - 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 it has established the SITRONICS-ZTE Ltd., a joint venture with ZTE Corporation, which is the largest telecommunications equipment supplier in the People's Republic of China.

MOSCOW, Russia - September 9, 2008 - 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 its unaudited consolidated US GAAP financial results for the second quarter and six months period ended June 30, 2008.

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MOSCOW, Russia - July 29, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced that members of its Management Board and Board of Directors have executed transactions in the shares of JSC SITRONICS according to the share option programme launched in March 2006. These changes have been announced in line with the Disclosure and Transparency Rules of UK Financial Services Authority. The percentages of outstanding shares are therefore calculated excluding treasury shares.

MOSCOW, Russia - July 2, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced that INTRACOM TELECOM, a part of SITRONICS Telecom Solutions business division, has signed a EUR150 million bond loan agreement arranged jointly by Alpha Bank, HSBC, Geniki bank, National Bank of Greece and Piraeus Bank.

MOSCOW, Russia - July 1, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced the appointment of Marina Zabolotneva as Chief Financial Officer, with immediate effect. Mrs. Zabolotneva previously held the position of Chief Financial Officer at Intourist, a large universal operator in the Russian tourism market.

MOSCOW, Russia - June 30, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced the decisions made at the meeting of the Board of Directors on June 30, 2008.

MOSCOW, Russia - June 26, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced decisions made at the Annual General Meeting of its shareholders ("AGM") on June 26, 2008.

Athens, June 19, 2008 - INTRACOM TELECOM, a part of SITRONICS Telecom Solutions business division, today announced receiving the award of "Best EMEA Partner of the Year 2007" for the wider region of the Middle East & Balkans at the GENESYS EMEA Partner Forum 2008, held recently in Berlin, Germany.

MOSCOW, Russia - June 10, 2008 - 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 its summary unaudited consolidated US GAAP financial results for the first quarter ended March 31, 2008.

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Athens, June 02, 2008 - INTRACOM TELECOM, a part of SITRONICS Telecom Solutions business division, today announced six new WiBAS Point-to-Multipoint deployments in Europe and the CIS since the beginning of 2008.

MOSCOW, Russia - May 21, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced that the Board of Directors (the "Board") has set a date for the Annual General Meeting of the Company's Shareholders ("AGM") for June 26, 2008. The AGM will take place at 4.00 pm Moscow time at the following address: 39/5, 3-ya Tverskaya-Yamskaya St., Str. 1, Moscow, 125047, Russia.

MOSCOW, Russia - May 13, 2008 - 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 its audited US GAAP financial statements with all notes for the financial year ended December 31, 2007, have been filed and are available on the Company's website at www.sitronics.com, in the Investor Relations section.

MOSCOW, Russia - June 20, 2007 - In accordance with the requirements of Prospectus Rule 5.2, JSC SITRONICS ("Sitronics" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, submits its Annual Information Update, which refers to information that has been published or made available to the public over the twelve months ended May 14, 2008.

MOSCOW, Russia - May 12, 2008 - JSC SITRONICS ("SITRONICS" or "The Company") (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, today announced that Dmitry Ivanov, who has served as Chief Financial Officer, is leaving the Company to pursue an opportunity in another industry sector.