PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of PJSC LSR Group at 'B+' with a Stable Outlook. Fitch has also affirmed the senior unsecured rating of the outstanding bond issues at 'B+’/RR4’/’50%’.

For more information please contact:

Igor Tsoy

Director of Investor Relations and Sustainable Development
E-mail: IR@lsrgroup.ru

Media Relations

LSR Group Press Service
E-mail: press@lsrgroup.ru