Fitch Confirms LSR Group Rating at "B"

Fitch Confirms LSR Group Rating at "B" with a Stable Outlook

Global rating agency Fitch Ratings has confirmed the long-term foreign currency Issuer Default Rating (IDR) of PJSC LSR Group at "B". The Outlook is Stable.

Fitch has simultaneously affirmed the senior unsecured rating of the outstanding bond issues at "B" (4-03-55234-E as of 02.11.2011, 4-04-55234-E as of 02.11.2011, 4В02-04-55234-Е as of

16.02.2011).

For more information please contact:LSR Group Press ServiceE-mail: [email protected]www.lsrgroup.ru