Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
RUSSIA PARTNERS II LP
  2. Issuer Name and Ticker or Trading Symbol
EPAM Systems, Inc. [EPAM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
825 THIRD AVENUE, 10TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2013
(Street)

NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/10/2013   S   84,812 D $ 25.46 (1) 10,203,773 D (2)  
Common Stock 06/10/2013   S   51,401 D $ 25.46 (1) 6,184,080 I By Russia Partners II EPAM Fund, LP (3)
Common Stock 06/10/2013   S   2,514 D $ 25.46 (1) 302,532 I By Russia Partners II EPAM Fund B, LP (4)
Common Stock 06/10/2013   S   4,042 D $ 25.46 (1) 486,373 I By Russia Partners III, L.P. (5)
Common Stock 06/10/2013   S   49,480 D $ 25.58 (6) 10,154,293 D (2)  
Common Stock 06/10/2013   S   29,988 D $ 25.58 (6) 6,154,092 I By Russia Partners II EPAM Fund, LP (3)
Common Stock 06/10/2013   S   1,467 D $ 25.58 (6) 301,065 I By Russia Partners II EPAM Fund B, LP (4)
Common Stock 06/10/2013   S   2,359 D $ 25.58 (6) 484,014 I By Russia Partners III, L.P. (5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RUSSIA PARTNERS II LP
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    
Russia Partners II EPAM Fund, LP
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    
Russia Partners II EPAM Fund B, LP
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    
Russia Partners III LP
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    
RUSSIA PARTNERS CAPITAL II E, LLC
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    
Russia Partners Capital II M, LLC
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    
RUSSIA PARTNERS CAPITAL III, LLC
825 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022
    X    

Signatures

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital II M, LLC, the General Partner of Russia Partners II, LP   06/12/2013
**Signature of Reporting Person Date

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital II E, LLC, the General Partner of Russia Partners II EPAM Fund, L.P.   06/12/2013
**Signature of Reporting Person Date

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital II E, LLC, the General Partner of Russia Partners II EPAM Fund B, L.P.   06/12/2013
**Signature of Reporting Person Date

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital III, LLC, the General Partner of Russia Partners III, L.P.   06/12/2013
**Signature of Reporting Person Date

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital II M, LLC   06/12/2013
**Signature of Reporting Person Date

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital II E, LLC   06/12/2013
**Signature of Reporting Person Date

 /s/ Donald P. Spencer, Managing Director of Russia Partners Capital III, LLC   06/12/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.35 to $25.63. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
(2) The amount listed reflects the beneficial ownership of the Issuer's securities by Russia Partners II, LP ("RP II"), all of which may be deemed attributable to Russia Partners Capital II M, LLC ("RP II GP"), because RP II GP is the sole general partner of RP II.
(3) The amount listed reflects the beneficial ownership of the Issuer's securities by Russia Partners II EPAM Fund, LP ("RP II EPAM"), all of which may be deemed attributable to Russia Partners Capital II E, LLC ("RP II EPAM GP"), because RP II EPAM GP is the sole general partner of RP II EPAM.
(4) The amount listed reflects the beneficial ownership of the Issuer's securities by Russia Partners II EPAM Fund B, LP ("RP II EPAM B"), all of which may be deemed attributable to RP II EPAM GP, because RP II EPAM GP is the sole general partner of RP II EPAM B.
(5) The amount listed reflects the beneficial ownership of the Issuer's securities by Russia Partners III, L.P. ("RP III"), all of which may be deemed attributable to Russia Partners Capital III, LLC ("RP III GP"), because RP III GP is the sole general partner of RP III.
(6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.50 to $25.84. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.