On July 10, 2012 the Board of Directors of OJSC LSR Group approved changes in the composition of the Executive Committee and elected the following members of the Executive Committee: Alexander Vakhmistrov, Chief Executive Officer - Chairman of the Executive Committee; Elena Tumanova, Managing Director, member of the Board of Directors; Dmitry Kutuzov, Chief Financial Officer; Vladimir Loginov, Chief Legal Officer; Kliment Falaleev, Managing Director; Vladimir Chernyaev, Managing Director of Construction - North-West Business Unit; Dmitry Khodkevich, Managing Director of Real Estate - North-West Business Unit; Vasily Kostritsa, Managing Director of Aggregates & Ready-mix Concrete - North-West Business Unit; Lev Vinnik, Head of Project Management Business Unit.