Open Joint Stock Company LSR Group gives notice of annual General Shareholders’ Meeting

Place of business of the company: 36 Kazanskaya Street, St. Petersburg, Russian Federation
Form of holding the meeting: meeting
Date of meeting: June 26, 2008
Time of meeting: 11:00 am
Place of meeting: 36 Kazanskaya Street, Suite 715, St. Petersburg
Date of preparing the list of persons entitled to attend the General Shareholders’ Meeting: 26.05.2008.

AGENDA

1. Approval of the company’s annual report on the results of 2007.
2. Approval of the annual financial statements including income statements (profit and loss accounts) of the company for 2007.
3. Distribution of the company’s profits based on the results of the 2007 financial year.
4. Determination of the number of members of the Board of Directors.
5. Election of members to the Board of Directors of the company.
6. Election of members to the Revision Committee of the company.
7. Approval of the company’s auditors for 2008.
8. Approval of interested party transactions, which may be performed in the future in the normal course of company’s business.
9. Election of Chief Executive Officer of the company for a new term.

Registration of the persons entitled to attend the General Shareholders’ Meeting will be conducted from 10:00 am. To register and receive a ballot the persons entitled to attend the General Shareholders’ Meeting should carry an ID, and the trustees of the persons entitled to attend the General Shareholders’ Meeting should also carry duly formalized power of attorney.

For information/materials for the meeting please apply to: 36 Kazanskaya Street, Suite 713, St. Petersburg, from 10:00 am to 4:00 pm on business days.

Board of Directors
OJSC LSR Group