OREANDA-NEWS. On 02 July 2009 JSC SITRONICS (SITRONICS or the “Group”) (LSE: SITR), a leading provider of telecommunications, information technology and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, announced that it has launched a sponsored Level I ‘OTC’ American Depositary Receipt (ADR) programme.

One ADR represents 50 ordinary shares. Deutsche Bank has been appointed as the depositary bank for the programme. SITRONICS’ Global Depositary Receipts are listed on the London Stock Exchange.

Marina Zabolotneva, Chief Financial Officer, commented: “We are pleased to announce the launch of our ADR programme, which is intended to enable us to further broaden and diversify our international shareholder base.”