22 December 2017

Lenta opens three new supermarkets in the Urals

St. Petersburg, Russia; 22 December 2017 – Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, is pleased to announce the opening of its first two supermarkets in Pervouralsk and sixth supermarket in Yekaterinburg.

The first Lenta supermarket in Pervouralsk is located at 13 Kosmonavtov street. The store has a total area of 1,536 sq.m with 975 sq.m of selling space and 8 cash registers.

The second store in Pervouralsk is at 15B Komsomolskaya street. The store has a total area of 1,242 sq.m with 686 sq.m of selling space. The store has 40 parking spaces and 6 cash registers.

The new store in Yekaterinburg is located at 86 Sheynkmana street in the Arbatskiy shopping mall. The store has a total area of 1,194 sq.m with 697 sq.m of selling space and 6 cash registers

Stores operate from 8 am to 11 pm daily and offer a broad product assortment from 5,500 to 7,800 SKUs which has been selected specifically for residents of Pervouralsk and Yekaterinburg and includes Lenta’s private labels and federal product ranges alongside local produce. The properties are leased by Lenta.

Openings in Pervouralsk and Yekaterinburg bring the total number of Lenta stores to 225 hypermarkets in 82 cities across Russia and 83 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region.

About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 225 hypermarkets in 82 cities across Russia and 83 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,346,115 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned 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 40,400 people as of 30 June 20171.

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 and the European Bank for Reconstruction and Development, both of which 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
E-mail: pr@lenta.com

NW Advisors
Russian Media
Anton Karpov & Victoria Afonina
Тel:+7 495 795 06 23
E-mail: lenta@nwadvisors.com

FTI Consulting
International Media:
Leonid Fink & Victor Pomichal

Тel: +44 7497 783 705
E-mail: Leonid.Fink@fticonsulting.com
victor.pomichal@fticonsulting.com


1 FTE (full-time equivalent). Average FTE for 1H 2017 was 40,197 employees