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Investor Presentaiton

MTS a step ahead Group subscriber base dynamics during the quarter MTS subscribers (mln unless noted) Q1 2012 Q2 2012 % change Total mobile 105.49 105.56 stable Russia: - mobile 69.38 69.59 stable - households passed, 000s 11 448 11 507 stable - broadband Internet, 000s 2 238 2 285 2.1% - pay TV, 000s 2 971 2 937 -1.1% Ukraine* 19.39 19.64 1.3% Uzbekistan** 9.53 9.00 -5.6% Armenia 2.23 2.31 3.6% Belarus*** 4.96 5.02 1.2% *Including CDMA subscribers **Starting October 2011 MTS switched from 6 months to 3 months subscriber accounting policy in Uzbekistan ***MTS owns a 49% stake in Mobile TeleSystems LLC, a mobile operator in Belarus, which is not consolidated In Russia, MTS continues to focus on mobile subscriber quality and churn optimization by focusing on sales through its own channels and motivating third-party dealers to drive top-offs Increase in a number of broadband subscribers due to modernization of fixed-line networks in the regions Number of pay TV subscribers impacted by reconciliation of acquired companies' subscriber definitions with those of MTS 10 10
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