Holding(s) in Company

Lenta Ltd., 26 October 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

Full name of person subject to the notification obligation

The European Bank for Reconstruction and Development

Full name of shareholders

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

October 26, 2015

Date on which issuer notified

October 26, 2015

Threshold crossed

Falling below the 11%, 10%, 9% and 8% thresholds 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

Global Depositary Receipts (GDRs) representing ordinary shares in Lenta Ltd.

[ISIN code for Regulation S GDRs (symbol LNTA):

US52634T2006]

[ISIN code for Rule 144A GDRs (symbol LNTR): US52634T1016]

53,499,375 GDRs representing 10,699,875 shares

10,699,875

(11.5%)

35,876,135 GDRs representing 7,175,227 shares

7,175,227

7.4%

Additional Information

This notification is being submitted pursuant to a requirement contained in the articles of association of Lenta Ltd. for shareholders to comply with Chapter 5 of the Disclosure and Transparency Rules.

Contact name

Wojtek Boniaszczuk

Contact telephone number

+44 (0)207 338 6073