OREANDA-NEWS. On 02 September 2008 Sitronics announced Conference Call to discuss second quarter and first six months 2008 Us Gaap financial results.

8.00 AM (ET) / 1.00 PM (UK) / 2.00 PM (CET) / 4.00 PM (MOSCOW)

Host:

Irina Lanina - Vice President, Corporate Communications

Speakers:

Sergey Aslanian - President and Chief Executive Officer

Marina Zabolotneva - Chief Financial Officer

Alexander Lutsenko - First Vice President, Chief of Strategy

The dial-in numbers for the conference call are:

UK/International +44 20 8609 0582

US +1 866 928 1925

A replay number will be available for 7 days after the conference call. To access the replay, please dial:

UK/International +44 20 8609 0289

US +1 866 676 5865

The replay access number is 229685#

You may also contact Shared Value on +44 (0)20 7321 5010 for further details.

SITRONICS (LSE: SITR) is a leading provider of telecommunication solutions, including software, equipment and systems integration, IT solutions and microelectronic solutions in Russia and the Commonwealth of Independent States, with a strong presence in Central and Eastern Europe and a growing presence in the Middle East and Africa.

SITRONICS serves over 3,500 clients, maintains offices in 30 countries and exports its products and services to more than 60 countries. SITRONICS has over 10,000 employees.

SITRONICS' key Telecommunication Solutions operations are based in Prague (Czech Republic) and Athens (Greece), while the Company's IT Solutions and Microelectronics Solutions divisions are based in Kiev (Ukraine) and Zelenograd (Russia) respectively.

SITRONICS generated revenues of USD  310 million for the three months ended March 31, 2008, and had total assets of USD  1.97 billion at the end of the period.

SITRONICS is majority-owned by Sistema, the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector.

SITRONICS' shares are listed under the symbol "SITR" on the London Stock Exchange, the Russian Trading System (RTS), and the Moscow Stock Exchange (MSE).