Public registration of additional share issue

09 April 2010

Today, on 9 April 2010, LSR Group (LSE: LSRG; MICEX, RTS: LSRG) received a notification from the Federal Financial Markets Service about public registration of the additional ordinary registered book-entry share issue of OJSC LSR Group. 

The total number of the additional share issue is 16,042,508 shares, with a par value of RUR 0.25 each.

In accordance with current legislation of the Russian Federation, the Company is entitled to place additional shares within a year from the date of the public registration.

The texts of the Decision on Additional Share Issue and Prospectus will be available in the source language on the Internet site of OJSC LSR Group.

Note to Editors:
OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are building materials, real estate development and panel construction.
LSR Group's main operations are located in St. Petersburg, Moscow, Yekaterinburg and Ukraine.
In 2008, the sales revenues of LSR Group were RUR 49,813m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX and RTS.

For more details please contact:
LSR Group Press Service
Tel.: +7 812 314 10 44
Fax: +7 812 458 83 72

E-mail: press@lsrgroup.ru
www.lsrgroup.ru

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