Holding(s) in Company

Lenta Ltd., 01 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:

Offering of GDRs representing ordinary shares in Lenta Ltd. resulting in a fall in voting rights in respect of such GDRs held by the European Bank for Reconstruction and Development from 16.6% to 15.3% of the total number 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

March 27, 2015

Date on which issuer notified

March 30, 2015

Threshold crossed

Below 16%

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 Rule 144A GDRs (symbol LNTR): US52634T1016

71,332,375 GDRs representing 14,266,475 shares

14,266,475

(16.6%)

71,332,375 GDRs representing 14,266,475 shares

14,266,475

15.3%

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

All of the GDRs to which this announcement relates are held directly by the European Bank for Reconstruction and Development.

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