BoD Date and Agenda

Date and agenda of Board of Directors

OJSC LSR Group (LSE: LSRG; MICEX, RTS: LSRG), hereinafter - "LSR Group", announces meeting of the Board of Directors on February 7, 2013. Agenda:

1. Review of LSR Group strategic plan for 2013-2016.

2. Annual General Shareholders Meeting of LSR Group.3. Review of the long-term management incentive programme.4. 2012 Reports of the Board Committees of OJSC LSR Group.

February 18, 2013 - a planned record date for the Annual General Shareholders Meeting, which agenda includes dividend pay-out decision on ordinary shares. 

The list of shareholders entitled to receive dividends is compiled on the record date for the Annual General Shareholders Meeting which agenda includes decision on the dividend pay-out.

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 production of building materials, real estate development and panel construction.LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg.As of 31 December 2011 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 8.4m m2 with the market value of RUB 124bn.In 2011, the sales revenues of LSR Group were RUB 51,910m (IFRS).LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.For more details please contact:LSR Group Press ServiceTel.: +7 812 314 10 44Fax: +7 812 458 83 72E-mail: [email protected]www.lsrgroup.ru