Completion of the squeeze-out procedure with respect to ordinary shares of PJSC MegaFon
(World News Russia)

As previously announced: http://corp.megafon.com/investors/news/capital_market_releases/20190417-1700.html, MegaFon Finance became entitled to proceed with a squeeze-out of the remaining shareholders of the Company pursuant to Article 84.8 of Federal Law No. 208-FZ on Joint Stock Companies dated 26 December 1995 (the `JSC Law`) as it acquired approximately 20.36% of the shares of MegaFon pursuant to the mandatory tender offer and, as a result, the number of shares of the Company held by MegaFon Finance, together with ordinary shares held by its affiliates, increased to approximately 99.2%. Pursuant to the Squeeze-out Request and the JSC Law, the shares of MegaFon held by the remaining...