LSR Group (LSE: LSRG; MICEX-RTS: LSRG) fully paid the fourth coupon on its Series BO-03 certificated interest-bearing non-convertible bearer bonds with mandatory safekeeping worth RUB 94,740,000.

The identification number of the issue is4B02-03-55234-E as of 16 February 2011.

The fourth coupon rate amounts to RUB 47.37 (forty seven roubles and thirty seven) per one bond. The total interest paid for the first, second, third and fourth coupons amounted to RUB 378,960,000 (three hundred seventy eight million and nine hundred sixty thousand).
The bond issue was placed on March, 24, 2011. The total size of the issue is 2,000,000 (two million) bonds with a nominal value of RUB 1,000 each. The maturity is 1092 days since the placement date divided into 6 coupon periods. The interest rate for the duration period was set at 9.5% per annum.

Lead managers: URALSIB Capital, Sberbank
Note to Editors:
OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction.
LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg.
As of 31 December 2011 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 8.4m m2 with the market value of RUB 124bn.
In 2011, the sales revenues of LSR Group were RUB 51,910m (IFRS).
LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.

For more details please contact:
LSR Group Press Service
Tel.: +7 812 314 10 44
Fax: +7 812 458 83 72
E-mail: press@lsrgroup.ru
www.lsrgroup.ru