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5 June 2018

MegaFon Increases Expertise in Safe City Solutions

Moscow, Russian Federation (5 June 2018) — Public Joint Stock Company “MegaFon” (LSE: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), announces the purchase by Digital Business Solutions LLC, a wholly-owned subsidiary of MegaFon, of a 100% stake in Project Investment Technologies Management Company LLC (“TechnoInvestProject”), from Technoserv group, a major Russian system integrator, which operates in Russia, the CIS and Europe. Acquisition of the tech company, which has a strong team of developers and the intellectual rights to technical solutions for the implementation of “Safe city” projects, will make it possible to expand MegaFon’s offering in the segment of ICT solutions for government customers.

As a part of the deal, MegaFon acquires 100% of stake in TechInvestProject from Alexey Ananyev’s group. The total cost of acquisition shall amount to RUB 620 million. As a result of the transaction, TechnoInvestProject will be seamlessly integrated into MegaFon. The intellectual rights to software for a regional integration platform and the Unified Emergency Response Center will also be transferred to the Company. MegaFon expects that the unique staff of developers of TechnoInvestProject will successfully fit in with the Company’s team, responsible for implementation of the Digital agenda projects.

MegaFon is actively involved in the state program for digitalization of the Russian economy. With the best infrastructure in the industry and the technical base to develop integrated platform-based digital solutions, MegaFon is already implementing comprehensive “Smart city” projects in a number of Russian regions: for example, “Safe city” project, being a part of it, has been launched in Samara and Sochi. The Company is also developing regional partnerships and has signed agreements for city digitalization and information infrastructure development with the Government of Moscow and St. Petersburg, as well as administrations of the Ulyanovsk, Pskov, Saratov and Novgorod regions and the Udmurt Republic. The Company believes that it will find use and will widely apply the TechnoInvestProjects’ digital solutions for implementation of those agreements.

The acquisition of TechnoInvestProject, an owner of software for regional integration platform systems, will provide MegaFon with the required resources to increase public safety, including the safety of citizens, infrastructure, the environment and transport.

“With the professional IT team of TechnoInvestProject and its access to the technologies of Safe city systems, we will be able to offer a unique comprehensive solution for the urban services to implement Safe city infrastructure for ensuring safety and order in the cities. I am confident that this strategic acquisition will allow us to take leading positions in this segment of the market in the coming few years.” - commented Anna Serebryanikova, Chief Operating Officer, MegaFon.

For More Information:

PJSC MegaFon
Investors: Dmitry Kononov
Director for Investor Relations and M&A
Tel: +7 926 200 6490 dkononov@megafon.ru
Media: Yulia Dorokhina
Head of Media Relations
Tel: +7 926 200 6854 ydorokhina@megafon.ru

Notes to Editors

MegaFon develops complex solutions for modern urban planning, aimed to increase the comfort and safety of residents. MegaFon is actively implementing the "Smart city” project, part of which is the "Safe city" solution. It includes intelligent video surveillance systems along the main thoroughfares and highways, pedestrian streets, transport and congregate settings. MegaFon integrates all information flows into a single situational center and provide an IT platform for managing the system.

A comprehensive project on the introduction of intelligent video surveillance was already implemented at the Sochi 2014 Olympic Games. MegaFon built more than 400 km of fiber optic lines, installed about 1.500 street video cameras and initiated the construction of the City Situation Center for 40 workplaces. The implementation of the project increased the efficiency of justice agencies and emergency services, Russian Federal Security Service, Ministry of Civil Defense and Emergency Response, as well as reduced the number of emergency situations and accidents, and brought the life quality of citizens to a fundamentally new level.

MegaFon PJSC operates in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. In February 2017, MegaFon acquired a 15.2% equity interest (which represented 63.8% of the voting shares) in Mail.Ru, a leading company in the Russian-speaking internet market. MegaFon is traded on the Moscow Exchange and the London Stock Exchange under the symbol MFON. Mail.Ru is traded on the London Stock Exchange under the symbol MAIL. Additional information about MegaFon and the products and services provided by the telecom segment can be found at http://www.megafon.ru and information related solely to Mail.Ru can be found at http://www.mail.ru.

Cautionary Statement Regarding Forward Looking Statements

Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “forecast”, “intend”, “will”, “could”, “may”, or “might” the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.

Statement Regarding Inside Information

Some of the information in this document may be inside information. The subject matter, the identity of the issuer, the identity of the persons making the notification and their titles, and the date and time of the notification are all as set forth above.

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27 May 2019

Resolutions taken by the Board of Directors

Moscow, Russian Federation (27 May 2019) — Public Joint Stock Company “MegaFon” (MoEx: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), announces that MegaFon’s Board of Directors at its meeting held on 24 May 2019 adopted the following resolution:
14 May 2019

Notice of First quarter 2019 results

Moscow, Russian Federation (14 May 2019) — Public Joint Stock Company «MegaFon» (MOEX: MFON), a pan-Russian operator of digital opportunities («MegaFon» or the «Company»), will announce its operating and financial results for the first quarter ended 31 March 2019 on Thursday, 30 May 2019 at 07.00 (London) / 09.00 (Moscow).
17 April 2019

Squeeze-out request made by MegaFon Finance in respect of ordinary shares of PJSC MegaFon

Moscow, Russian Federation (17 April 2019) — Public Joint Stock Company “MegaFon” (MoEx: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), announces that on 17 April 2019, following preliminary notice to the Bank of Russia, the Company received from “MegaFon Finance” LLC (“MegaFon Finance”) a squeeze-out request requiring the shareholders of the Company, other than MegaFon Finance and its affiliates, to sell all of their ordinary shares of MegaFon to MegaFon Finance (“Squeeze-out Request” and “Squeeze-out”, accordingly).