LSR Group Reports 1Q 2017 Operating Results

LSR Group Reports First Quarter 2017 Operating Results

LSR Group (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, is publishing the operating results for the first quarter of 2017.

1Q2017 Operational Highlights

• New contract sales amounted to 140 th m2 (-34%). Value of the contracts was RUB 13.5bn (-36%),

• The decrease of pre-sales year-on-year is primarily due to the high comparison base of 1Q 2016, which saw extraordinary demand,

• Completions increased to 81 th m2,

• Recognitions increased to 89 th m2,

• The share of mortgage sales stood at 45%, and nearly 50% in Moscow.

Full version of the press release is available in pdf-format.http://www.rns-pdf.londonstockexchange.com/rns/4683C_-2017-4-13.pdf

Notes to Editors:

PJSC 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 prefab construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of December 31, 2016 (according to Knight Frank), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 8.8m m2 with the market value of RUB 144bn. In 2016, the sales revenue of LSR Group amounted to RUB 98,072m (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.: +7 812 333 11 11

E-mail: [email protected] 

www.lsrgroup.ru