OREANDA-NEWS. On August 07, 2009 OJSC LSR Group, one of the leading building materials producers and real estate developers in Russia   (LSE: LSRG; MICEX, RTS: LSRG) fully paid the second coupon payment of its Series 02 bonds totaling RUR 190 514 166, 4, reported the press-centre of LSR Group.

This forth bond issue of RUB 5 Bn was placed in August 2008.

Note to  Editors:
OJSC LSR Group  is a real estate and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are building materials, construction and real estate. The Group includes enterprises for extraction and processing of aggregates, production and transportation of building materials, and housing construction — from mass market large-panel housing to elite property built after designs made by leading domestic and foreign architects.

LSR Group has operations and offices in a number of cities in the Leningrad region, in St. Petersburg, Moscow, Yekaterinburg, Lithuania, Latvia, Estonia, Ukraine and Germany.
In 2007, the sales revenues of LSR Group (according to the IFRS-based financial statements) were RUB 35,858 million, in 2008 – RUB 49,813 million.

LSR Group is a public company, with its GDRs listed and traded on the London Stock Exchange and its shares listed and traded on MICEX and RTS.

In 2007, LSR Group was awarded ‘The Company of the Year’ National Award in the ‘Construction’ category.