DGAP-UK-Regulatory: Rostelecom OJSC Long-Distance and International Telecommunications (spons. ADRs)

EQS-Regulatory: Rostelecom BOARD OF DIRECTORS HELD A MEETING

PJSC ROSTELECOM / Miscellaneous - Medium Priority ROSTELECOM BOARD OF DIRECTORS HELD A MEETING

11-Nov-2016 / 09:20 CET/CEST Dissemination 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.

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ROSTELECOM BOARD OF DIRECTORS HELD A MEETING

Moscow, Russia - November 11, 2016 - Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia's national telecommunications operator, today announces that on November 10, 2016 its Board of Directors has made a decision to approve the amended long-term incentive programme of Rostelecom employees, as well as the innovation development programme for the period from 2016 until 2020 and a mid-term plan of its implementation.

This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of November 10, 2014.

Pavel Nezhutin Director of Corporate Governance Department +7 (499) 999-82-83

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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: 3587 Time of Receipt: 11-Nov-2016 / 09:20 CET/CEST End of Announcement EquityStory.RS, LLC News Service ---------------------------------------------------------------------------

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