OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG), one of the leading real estate developers and building materials producers in Russia, announces put option on its Series BO-03 and Series-03.

Identification number of Series BO-03: 4B02-03-55234-E as of 16.02.2011.

LSR Group intends to buy back up to 1,000,000 (one million) Series BO-03 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping. Maximum purchase price is set at 100.5% (one hundred and five percent) of the nominal value. In addition, accumulated coupon interest, calculated in accordance with the issue documentation as of the buy-back date, will be paid to the purchase price.

Registration number of Series-03: 4-03-55234-E îò 02.11.2011.

LSR Group intends to buy back up to 1,000,000 (one million) Series-03 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping. Maximum purchase price is set at 100.95% (one hundred and ninety-five percent) of the nominal value. In addition, accumulated coupon interest, calculated in accordance with the issue documentation as of the buy-back date, will be paid to the purchase price.

Submission date: from 9 a.m. (Moscow time) on December, 9, 2013 until 6 p.m. (Moscow time) on December, 11, 2013.

Buy-back date: December, 13, 2013.

Broker: OOO URALSIB Capital