With this opening, Lenta expands its network in the South region to 14 hypermarkets in 9 cities

St-Petersburg, Russia; 30 September, 2015–Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of a new hypermarket in Volgograd, following its acquisition from O’KEY Group earlier this month.

The new store is a Lenta compact format hypermarket located at 8 Proletarskaya Street, Volgograd. The store has a total area of 11,202 sq.m, with 5,585 sq.m of selling space and is open 24 hours a day, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Volgograd and includes Lenta’s private label and federal product ranges alongside local produce. The store has 240 parking spaces and 36 cash registers. The property is owned by Lenta.

This opening is Lenta’s fourteenth hypermarket opening in 2015 and brings the total number of Lenta stores to 122 hypermarkets in 63[1] cities across Russia and 27 supermarkets in the Moscow region.

About Lenta
Lenta is one of the largest retail chains in Russia and the country’s second largest hypermarket chain (in terms of 2014 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 122 hypermarkets in 63 cities across Russia and 27 supermarkets in the Moscow region, with a total of approximately 787,807 sq.m. of selling space. The average Lenta hypermarket store has selling space of approximately 6,200 sq.m. The Company operates five hypermarket distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 30,655 people as of 30 June 2015.
The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Yana Mogileva, PR Manager
Ňel:+7 (812) 336 39 97
E-mail: yana.mogileva@lenta.com

Instinctif Partners
International Media:
Mark Walter and Saule Jandossova
Ňel:+44 (0)20 7457 2020
E-mail: Mark.Walter@instinctif.com

Primum
Russian Media:
Alexandra Semenova and Nikolay Konchurkov
Ňel:+7 926 903 9975
E-mail: NKochurkov@primum.ru