OJSC LSR Group reported operating results for the first quarter of 2013. For the quarter in all regions of its operations the company entered into new contracts for the sale of 119 th m2. The total value of the contracts was RUB 10 billion, unchanged as compared to first quarter of 2012. In first quarter of 2013, the company transferred to its customers 84 th m2 of net sellable area. There were no housing completions in first quarter of 2013 due to the projects schedule.

The company reiterated its full year new contract sales guidance of 570 th m2. The company also reiterate its building materials sales guidance for 2013: crushed granite 6.5 m m3, sand ­ 11 m m3, ready-mix concrete ­ 1.55 m m3, reinforced concrete in St. Petersburg - 390 th m3, cement ­ 1.6 million tonnes, bricks ­ 200 million of units and aerated concrete ­ 1.1 m m3.