LenSpetsSMU repays БО-02 series of bonds in full and on time

23.05.2013

On 23 May, 2013, CJSC SSMO LenSpetsSMU repaid series 02 bond-secured loan (reg.4B02-02-17644-J dated 12.04.2010), fulfilled its obligations to investors for the redemption of its last 12th coupon and amortization of 30%.

In total, 21.7mn rubles of the coupon and 600mn rubles of the nominal value were paid off on 23 May 2013. The coupon was paid at a rate of 10.85 rubles per bond, translating as 14.50% of the annual coupon rate. The nominal value was paid at a rate of 300 rubles per bond. In accordance with the terms of issue exchange bonds repayment schedule series 02 totaling 2,0 bn rubles provided for five semi-annual repayment from May 2011 till May 2013.

REFERENCE:

The exchange bonds series БО-02 for an amount of 2.0bn rubles was placed on 27 May 2010 on a 3-year term. The loan structure does not provide for any put options.

The arrangers of the loan are Alfa-Bank (OJSC) and Promsviazbank (OJSC), the paying agent of the loan is Promsviazbank (OJSC).

May 2010 Standard & Poor’s rating agency assigned the credit rating ‘B’ according to the international scale for this bond issue.

June 2010 года CJSC SSMO LenSpetsSMU’s exchange bonds were included on Bank of Russia Lombard List

December 2010 MICEX included the bonds in the Quotation List 'B'.

Exchange bonds series БО-02 were also included in the list of securities accepted in the provision of direct REPO transactions by the Central Bank of RF.

CONTACT DETAILS:

Mikhail Dukhovny

CCO +7 (812) 348-21-25

Mikhail.Dukhovny@etalongroup.com

Yana Yashchenko

Deputy CFO

+7 (812) 348-09-95

Yana.Yashchenko@etalongroup.com