LSRG.L Regulatory News (LSRG)

9 Dec 2009 07:44



NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

LSR Group redeems its second bond issue

OOO LSR-Invest, a 100% subsidiary of OJSC LSR Group, fully redeemed Series 01 bond issue totaling RUR 2 Bn which was placed in December 2006.

LSR Group also paid the sixth coupon payment of its Series 01 bonds totaling RUR 102 174 377.70.

Note to Editors:

OJSC LSR Group  is a real estate and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are building materials, construction and real estate. The Group includes enterprises for extraction and processing of aggregates, production and transportation of building materials, and housing construction - from mass market large-panel housing to elite property built after designs made by leading domestic and foreign architects.  LSR Group has operations and offices in a number of cities in the Leningrad region, in St. Petersburg, Moscow, Yekaterinburg, Lithuania, Latvia, Estonia, Ukraine and Germany.  In 2007, the sales revenues of LSR Group (according to the IFRS-based financial statements) were RUR 35,858 million, in 2008 - RUR 49,813 million.

LSR Group is a public company, with its GDRs listed and traded on the London Stock Exchange and its shares listed and traded on MICEX and RTS. 

In 2007, LSR Group was awarded 'The Company of the Year' National Award in the 'Construction' 

category.

For more details please contact:

LSR Group Press Service

Tel.: +7 812 314 10 44Fax: +7 812 458 83 72

press@lsrgroup.ru 

www.lsrgroup.ru

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