OJSC LSR Group LSRG BoD Decisions

  OJSC LSR Group (LSRG) - BoD Decisions

RNS Number : 9279R
23 November 2012

Decisions of Board of Directors

On November 23, 2012 Board of Directors  of OJSC LSR Group (LSE: LSRG;  MICEX, 
RTS: LSRG), reviewed all the items of the agenda and decided the following:

1. To elect Dmitri Gontcharov Chairman of the Board of Directors of OJSC LSR

2. To elect Elena Tumanova Chairman of the Strategy and Investment Committee
of the Board of Directors of OJSC LSR Group.

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
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

                     This information is provided by RNS
           The company news service from the London Stock Exchange


MSCFMMZMKFVGZZM -0- Nov/23/2012 15:50 GMT
Press spacebar to pause and continue. Press esc to stop.