St-Petersburg, Russia; 15 February 2016 – Lenta Ltd, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, is pleased to announce it will release its audited IFRS financial results for the full year of 2015 on 18^th February 2016. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.

Conference calldetails:

Date: Thursday, 18^th February 2016

Time: 14:30 (Moscow time), 11:30 (UK time), 06:30 (EST)

Speakers: 

Jan Dunning, Chief Executive Officer

Jago Lemmens, Chief Financial Officer

Albert Avetikov, Director for Investor Relations

To participate in the conference call,please dial:

Russia

+7 495 213 0979

UK

• +44 20 3427 1900 (local access)
• 0800 279 4992 (toll free)

USA

• +1 212 444 0895 (local access)
• 1 877 280 1254 (toll free)

Switzerland

• + 41 43 547 8000 (local access)
• 0800 345 602 (toll free)

Conference ID: 2112415 or quote the conference call title: “Lenta Ltd. FY 2015 Financial results”

The audited IFRS financial results for the full year ended 31 December 2015 and presentation will be published at 10:00am Moscow time (07:00am UK time) and will be available at: www.lentainvestor.com

For further information please visit www.lentainvestor.com, or contact:

Lenta

AlbertAvetikov,

Director for Investor Relations

• +7 812 363 28 44

Albert.Avetikov@lenta.com  

Citigate

David Westover

• +44 207 282 2886 desk
• +44 7768 897722 mobile

David.westover@citigatedr.co.uk

About Lenta

• Lenta is the fifth largest retail chain in Russia and the country’s second largest hypermarket chain (in terms of 2015 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 142 hypermarkets in 70[1] cities across Russia and 32 supermarkets in Moscow and St. Petersburg, with a total of approximately 891,995 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,100 sq.m. and the average supermarket has selling space of approximately 1,000 sq.m. The Company operates six owned hypermarket distribution centres.
• The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 38,414 people as of 31 December 2015^[2].
• The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.
• A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

[1] According to Lenta’s methodology for calculating number of cities of presence, since 1 May 2015 all cities located in Moscow City and the Moscow region are shown as Moscow, and all cities located in the Leningrad region and St. Petersburg are shown as St. Petersburg.

[2]   FTE (full-time equivalent). Average FTE for 2015 was 31,307 employees.