Holding(s) in Company

Lenta Ltd., 12 July 2016

By way of voluntary compliance with Disclosure and Transparency Rule 5.8.12 R (1), Lenta Ltd. hereby discloses the following information provided to it on Form TR-1 (Notification of major interest in shares).

Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached

Lenta Ltd.

Reason for notification

A disposal of voting rights

Full name of person subject to the notification obligation

Loren Bough

Full name of shareholders

Date of the transaction and date on which the threshold is crossed or reached

July 11, 2016

Date on which issuer notified

July 12, 2016

Threshold crossed

Falling below 3% threshold in respect of all voting rights

Notified details - Voting rights attached to shares

Class/type of shares

Situation previous to triggering transaction

Resulting situation after the triggering transaction

No. of shares

No. of voting rights

No. of shares

No. of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GDRs

US52634T1016 (for 144A GDRs) and US52634T2006 (for Regulation S GDRs)

17,791,210 GDRs representing 3,558,242 Shares

3,558,242

(3.66%)

14,146,001 GDRs representing 2,829,200

Shares

2,829,200

-

2.91%

-

Chain of controlled undertakings through which the voting rights and the financial instruments are effectively held

Additional Information

.

Contact name

Loren Bough

Contact telephone number