Lenta : 1H 2018 financial results conference call

ANALYST AND INVESTOR CONFERENCE CALL

FINANCIAL RESULTS FOR THE FIRST HALF-YEAR OF 2018

St-Petersburg, Russia; 16 August, 2018 - Lenta Ltd, (LSE, MOEX: LNTA) ('Lenta'), one of the largest retail chains in Russia, is pleased to announce it will release its reviewed IFRS financial results for the first half-year of 2018 on 29th August 2018. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.

Conference call details:
Date: Wednesday, 29th August 2018

Time: 17:00 (Moscow time), 15:00 (UK time), 10:00 (EST)

Speakers:
Jan Dunning, Chief Executive Officer
Jago Lemmens, Chief Financial Officer
Albert Avetikov, Director for Investor Relations

To participate in the conference call, please dial:

Russia

• [phone] (Local access)

UK

• [phone] (Local access)
• 0800 358 6377 (Toll free)

USA

• [phone] (Local access)
• 888-394-8218 (Toll free)
  Conference ID:1485124 or quote the conference call title: 'Lenta's financial results for the half year ended 30 June 2018'

The reviewed IFRS financial results for the first half-year ended 30 June 2018, press release and respective presentation will be published at 10:00am Moscow time (08:00am UK time) and will be available at www.lentainvestor.com

For further information please visit www.lentainvestor.com, or contact:

Lenta
Albert Avetikov,
Director for Investor Relations
[phone]
[e-mail]

NW Advisors
Russian Media:
Anton Karpov and Victoria Afonina
Тel:[phone]
[e-mail]

About Lenta
Lenta is the largest hypermarket chain in Russia and the country's third largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 233 hypermarkets in 84 cities across Russia and 116 supermarkets in Moscow, St. Petersburg, Siberia, Urals and the Central region with a total of approximately 1,405,973 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,600 sq.m. The average Lenta supermarket store has selling space of approximately 800 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 53,100 people as of 31 December 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.

¹ FTE (full-time equivalent). Average FTE for 2017 was 42,366 employees