Russian Institute of Directors (RID) assigns its National Corporate Governance Rating of “7++” to Rostelecom

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Moscow, Russia – November 14, 2016 - Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that the Russian Institute of Directors (RID) has assigned a corporate governance rating of “7 ++” – “Developed Corporate Governance Practice" – to Rostelecom, in line with the amended methodology used for assessing the National Corporate Governance Ratings. The rating of “7 ++” confirms that Rostelecom complies with Russian corporate legislation and follows recommendations of the Russian Code of Corporate Governance.