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LSR Group

August 18, 2010

LSR Group announces state registration of the report on additional share issue results

Today, on 18 August 2010, FFMS of Russia notified OJSC LSR Group (LSE: LSRG; MICEX, RTS: LSRG) of state registration of the report on additional share issue results.

Thus, OJSC LSR Group has successfully completed additional ordinary registered book-entry share placement with 9,366,383 shares actually placed.

As a result of additional share issue, registered capital of OJSC LSR Group amounts to RUB 25,757,553.75, divided into 103,030,215 ordinary shares.

Please note that placing of the additionally issued ordinary registered book-entry shares of OJSC LSR Group is aimed at reinvestment of the proceeds, received from the Secondary Public Offering, announced this spring by LSR Group, into the company.

 

 

 

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