Fitch affirms Rostelecom’s investment grade rating of ‘BBB-’

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Moscow, Russia – January 16, 2017 – Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX:

ROSYY), Russia’s national telecommunications operator, today announces that its Issuer Default

Rating (IDR) of ‘BBB-’ with a Stable Outlook has been affirmed by Fitch Ratings.

Further information on Rostelecom’s ratings is available at www.fitchratings.com.