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LSR Group

October 1, 2008

OJSC LSR Group announces that it was notified by STREETLINK LIMITED regarding a formal change in the percentage of ordinary shares in OJSC LSR Group held by STREETLINK LIMITED

OJSC LSR Group (LSE: LSRG; MICEX, RTS: LSRG) announces that it was notified by STREETLINK LIMITED regarding a formal change in the percentage of ordinary shares in OJSC LSR Group held by STREETLINK LIMITED.

Percentage of ordinary shares in OJSC LSR Group held by STREETLINK LIMITED before the change: 6.51%.

Percentage of ordinary shares in OJSC LSR Group held by STREETLINK LIMITED after the change: 1.99%.

The reduction in the percentage of ordinary shares in OJSC LSR Group held by STREETLINK LIMITED results from the transfer to Deutsche Bank Trust Company Americas of 4.52% of ordinary shares in OJSC LSR Group for the Global Depositary Receipts programme established by OJSC LSR Group for the purpose of enabling STREETLINK LIMITED to acquire the corresponding number of Global Depositary Receipts acknowledging their rights in respect of ordinary shares in OJSC LSR Group.

STREETLINK LTD is a company in which 100% of shares are held by the key shareholder of OJSC LSR Group.

 

 

 

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