Series 02 CJSC SSMO LenSpetsSMU bonds begin secondary trading

16.01.2013

As of 16 January 2013, trading will commence on the MICEX Stock Exchange for the circulation of series 02 CJSC SSMO LenSpetsSMU bonds (state registration number 4-02-17644-J dated 20 November 2012). The placement has been included in the Unlisted Securities section.

The placement of series 02 CJSC SSMO LenSpetsSMU bonds was concluded successfully on 18 December 2012 and by 27 December 2012 FFMS Russia had approved state registration of the bond placement report.

REFERENCE:

The series 02 CJSC SSMO LenSpetsSMU bond-secured loan (state registration number 4-02-17644-J dated 20 November 2012), totaling RUB 5.0 bln, was placed on 18 December 2012 for a term of 5 years without any offer (put-option), and with an amortised repayment schedule and quarterly coupons at the amount of 12.9% per annum. As of

On 22 November 2012, Standard & Poor’s rating agency has assigned a credit rating of ‘B’ according to the international scale for this bond issue.

The arrangers of the loan are OJSC Alfa-Bank, OJSC Promsvyazbank and CJSC Raiffeisenbank. NSD CJSC NRD, as the depositary administering the mandatory centralised storage of the certificate of issue for series 02 CJSC SSMO LenSpetsSMU bonds, is responsible for the transfer of bond payments to its depositors.

CONTACT DETAILS:

Kseniya Savchuk

Acting head of Public Relations

+7 (812) 348-21-25

Kseniya.Savchuk@etalongroup.com

Yana Yashchenko

Deputy CFO

+7 (812) 348-09-95

Yana.Yashchenko@etalongroup.com