LSR Group announces 3Q 2014 Operating Results

LSR Group Reports Third Quarter 2014 Operating Results

LSR Group (LSE: LSRG; MICEX-RTS: LSRG), one of the leading real estate developers and building materials producers in Russia, is publishing the operating results for the third quarter of 2014.

Operational Highlights:

• New contract sales 9M 2014 - 665 th m2 (+36%),

• Value of the contracts 9M 2014- RUB 56.6bn (+45%),

• Average sales price increased by 11%,

• Construction volume 9M 2014 increased by 22%, up to 774 th m2,

• Increase in sales of building materials 9M 2014: crushed granite - 5,599 th m3 (+5%), cement - 1,124 th tonnes (+22%), ready-mix concrete - 1,221 th m3 (+11%), brick - 240m units (+61%), aerated concrete - 1,031 th m3 (+10%).

Full version of the press release is available in pdf-format.

http://www.rns-pdf.londonstockexchange.com/rns/3585U_-2014-10-15.pdf 

Notes 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 2013 (according to DTZ), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 7.8m m2with the market value of RUB 117bn. In 2013, the sales revenue of LSR Group amounted to RUB 65,316m (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 information please contact:

LSR Group Press Service

 Tel.: +7 812 314 10 44

 Fax: +7 812 458 83 72

 E-mail: [email protected]

www.lsrgroup.ru