OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG), one of the leading real estate developers and building materials producers in Russia, completed buy-back of its Series-02 interest-bearing non-convertible bonds with mandatory safekeeping in accordance with the Public Offer dated September, 4, 2012.
The issue identification number is 4-02-55234-E as of 29 May 2008.
The number of the submitted bonds was 1,000,000. LSR Group decided to buy-back bonds at the price of 100.6%. The total value of the transaction was RUB 1,011,280,000 including the accrued interest.
Broker: OOO URALSIB Capital
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 revenue 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