Holding(s) in Company

Lenta Ltd., May 28, 2015

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

Disposal of voting rights under a repo transaction

Full name of person subject to the notification obligation

LUNA HOLDINGS INC.

Full name of shareholders

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

May 27, 2015

Date on which issuer notified

May 27, 2015

Threshold crossed

5% 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)

27,882,815 GDRs representing 5,576,563

Shares

5,576,563

20,457,704 GDRs representing 4,091,540.8 Shares

4,091,540.8

-

4.40%

-

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

All of the GDRs specified to be held directly in the "Notified details" section of this announcement are held by LUNA HOLDINGS INC. is a member of and beneficially owned by the VTB Capital group.

Additional Information

The reported disposal of voting rights arose from a repo transaction entered into by Luna Holdings Inc. with respect to GDRs representing Shares in Lenta Ltd..

Contact name

Evgeny Koudryavtsev

Contact telephone number

+7 495 287 6894