12 March 2015

Lenta opens its first hypermarket in Engels

With this opening, Lenta expands its network in the Volga Region to 21 hypermarkets in 17 cities.

St-Petersburg, Russia; 12 March, 2015 – Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first hypermarket in Engels.

The new store is a Lenta compact format hypermarket located at 1 Khimikov Prospect, Engels. The store has a total area of 8,660 sq.m, with 5,405 sq.m of selling space and is open from 8:00 am to 11:00 pm, seven days a week. A broad product assortment of 19,000 SKUs has been selected specifically for residents of Engels and includes Lenta’s private label and federal product ranges alongside local produce. The store has 600 parking spaces and 33 cash registers. The property is rented by Lenta.

The opening in Engels is Lenta’s third hypermarket opening in 2015 and brings the total number of Lenta stores to 111 hypermarkets in 62 cities across Russia and 24 supermarkets in the Moscow region.

About Lenta

Lenta is one of the largest retail chains in Russia and the country’s second largest hypermarket chain (in terms of 2014 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 111 hypermarkets in 62 cities across Russia and 24 supermarkets in Moscow and the Moscow region, with a total of approximately 720,590 sq.m. of selling space. The average Lenta hypermarket store has selling space of approximately 6,300 sq.m. The Company operates five 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 35,1001 people as of 31 December 2014.

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, the European Bank for Reconstruction and Development and VTB Capital Private Equity, all of whom 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.

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

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Yana Mogileva, PR Manager
Тel:+7 (812) 336 39 97
E-mail: yana.mogileva@lenta.com

Instinctif Partners
International Media:
Mark Walter and Tony Friend
Тel:+44 (0)20 7457 2020
E-mail: Mark.Walter@instinctif.com

Russian Media:
Anton Karpov
Тel:+7 495 660 05 91
E-mail: Anton.Karpov@instinctif.com

1 FTE (full-time equivalent). Average FTE for 2014 was 27,200 employees