Holding(s) in Company

Lenta Ltd., 02 April 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

An event changing the breakdown of voting rights:

Full name of person subject to the notification obligation

LUNA HOLDINGS INC.

Loren Bough, Cebalrai Holdings S.à r.l., Edward Nicholson, Alexander Easton

Full name of shareholders

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

March 27, 2015

Date on which issuer notified

April 01, 2015

Threshold crossed

7% 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)

27,051,735 GDRs representing 5,410,347 Shares

5,410,347

27,051,735 GDRs representing 5,410,347 Shares

5,410,347

1,406,276

5.81%

1.51%

TOTAL:

6,816,623

7.32%

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

LUNA HOLDINGS INC. is a member of and beneficially owned by the VTB Capital group.

Additional Information

The change in the breakdown of voting rights is attributable to an issuance of 7,040,000 new Shares of Lenta Ltd in the form of 35,200,000 GDRs on March 27, 2015, increasing the total Shares outstanding from 86,053,394 Shares to 93,093,394 Shares.

LUNA HOLDINGS INC.'s indirect holdings of voting rights in respect of GDRs are held by Loren Bough, Cebalrai Holdings S.à r.l., Edward Nicholson and Alexander Easton, and are exercisable by LUNA HOLDINGS INC. pursuant to an agreement falling within FCA Disclosure and Transparency Rule 5.2.1 R (a).

Contact name

Evgeny Koudryavtsev

Contact telephone number

+7 495 287 6894