Etalon : Wins 2016 IR Awards

Etalon Group Limited ('Etalon Group' or the 'Company'), one of Russia's largest and longest-established development and construction companies, won two awards at the IR Magazine Russia & CIS awards ceremony held on 28 July 2016. The Company was among the Grand Prix winners for best overall investor relations across all Russian public companies, and Kirill Bagachenko was recognised as the best Head of Investor Relations in the real estate sector. This is the third year in a row that the Company has been awarded in these two categories.

Winners are selected on the basis of the Extel Europe Survey, an annual, independent survey of brokerage firms, fund managers and sales desks. In 2016, some 20,000 investment professionals cast over one million votes as part of the survey.

Etalon Group President Viacheslav Zarenkov said: 'I am happy that the strength of our investor relations efforts has been recognised for the third year in a row, something that we are all proud of and committed to improving yet further. I am especially pleased to note increasing interest from investors to Etalon Group, as evidenced by the more-than 50% growth in our market capitalization year-to-date.'

This and other recent announcements are available on the Etalon Group website: www.etalongroup.com/investors/news/

Etalon Group IR Team

T: +44 20 8123 1328
E: info@etalongroup.com

EM

Sam VanDerlip
T: +44 7554 993 032
T: +7 499 918 3134
E: vanderlip@em-comms.com

About Etalon Group

Founded in 1987 by Viacheslav Zarenkov, Etalon Group has become one of Russia's largest development and construction corporations. The Company focuses on middle class residential real estate in the Moscow and St. Petersburg metropolitan areas, where it operates through Etalon Invest and LenSpetsSMU subsidiaries. With a 28-year history, Etalon Group has one of the longest and most successful track records in the Russian real estate industry.

Since its inception, Etalon Group has commissioned 5 million sqm. Etalon Group's CAGR for deliveries in 2010-2015 was 19%.

Etalon Group's strong reputation among consumers supports its pre-sales business model, which helps the Company to minimise external financing needs for on-going projects while maintaining a secure liquidity position: net debt as of 31 December 2015 was RUB 7,397 million.

The Company is vertically integrated, which helps it to control costs, quality and timing, as well as to demonstrate best-in-class profitability. Etalon Group employs 5,000 people, and its nationwide sales and marketing network covers 37 Russian cities.

As of 31 December 2015, Etalon Group's portfolio comprised 28 projects, with a total of 2.72 million sqm of unsold net sellable area. JLL valued this portfolio at RUB 104,384 million.

For the year ended 31 December 2015, Etalon Group's new contract sales totalled 385 ths sqm, or RUB 35,080 million. Deliveries in 2015 totalled 502 ths sqm.

The Company recorded revenue of RUB 42.4 billion and EBITDA of RUB 7.7 billion for the year ended 31 December 2015.

Etalon Group Limited's GDRs have been traded on the Main Market of the London Stock Exchange since 20 April 2011.

29 July 2016