LenSpetsSMU repays 01 series of bonds in full and on time

10.12.2012

On 7 December 2012, LenSpetsSMU repaid 01 series bonds (reg. 4-01-17644-J dated 12.11.2009), fulfilled its obligations to investors for the redemption of its last 12th coupon and amortization of 20% in full and on time.

In total, 15.78 mn rubles of the coupon and 400 mn rubles of the nominal value were paid off.

REFERENCE:

The bonds series 01 for the amount of 2.0 bn rubles was placed in December 2009 for a 3-year term. The loan structure does not provide for any put options. Payment of the coupons was made in quarterly basis, redemption of the issue according to amortization scheme. LenSpetsSMU’s loan placement was the first and the only one of its kind for companies in the construction industry during 2009. The arrangers of the loan are Alfa-Bank (OJSC) and Promsviazbank (OJSC). The paying agent for the loan is Alfa-Bank (OJSC).

In December 2009 Standard & Poor’s rating agency has assigned a credit rating of ‘B’ according to the international scale for this bond issue.

In March 2010 CJSC SSMO LenSpetsSMU’s 01 series bonds were included in section V.2 of the Bank of Russia Lombard List.

MICEX SE included the bonds in the Quotation List “B” for December 2010.

LenSpecSMU’s 01 series bonds were included in the list of securities accepted in the provision of direct REPO transactions by the Central Bank of RF.

During the circulation of the 01 series of bonds, the maximum price was recorded on 13 April 2011, at a price of 109.24% of the nominal value at a duration of 0.87 years; generating yields of 5.59% per annum.

Kseniya Savchuk

Acting head of Public Relations

+7 (812) 348-21-25

Kseniya.Savchuk@etalongroup.com

Yana Yashchenko

Deputy CFO

(812) 348-09-95

Yana.Yashchenko@etalongroup.com