Notification from the DPR of the Ministry of Defence

Press Release
May 24, 2013

Notification from the DPR of the Ministry of Defence

On May 22, 2013 RURIC was informed by the Department of Property Relations of the Ministry of Defence that the provided documents evidencing the costs incurred by Glinky 2 LLC within the framework of the agreement #01-8/9/1 dated March 27, 2006 didn't not meet requirements of the Town Planning Code of the Russian Federation and the Order of the Ministry of Defence #1700 of July 6, 2001^[1].

For additional information:

Nikolay Berdin, Member of Ruric AB Board
Tel.: [phone]
E-mail: [e-mail]
Web:  www.ruric.com

About company:

RURIC AB (Russian Real Estate Investment Company AB (publ) (reg. No. 556653-9705, Hovslagargatan 5 B, SE-111 48 Stockholm)) is a company with Swedish capital, operating in St. Petersburg commercial real estate market since 2004.

Besides its property management, RURIC AB establishes the realty agency, which services are based on the cutting edge mobile application, and introduces the system analyzing visitors traffic at business and trade centers prepared by the partners. This method has no parallels and is suggested as a part of the consulting offer for office and retail property owners.

Beyond that, the company is already dealing with the investment projects coordination, local and national market approach consulting, valuation and property trust services. Real estate portfolio construction and management services are also included. These services apply to the property of different return, from €100,000 to 6% per annum.

RURIC's Certified Advisor at First North is Erik Penser Bankaktiebolag

[1] "Of Adoption of Administrative Rules for Provision of Public Services of State Expert Examinations of Planning Documentation, Engineering Surveys and Budget Audit of Reconstruction of Defence and Security Objects Declared as the Russian Military Infrastructure Property".

Notification from the DPR of the Ministry of Defence (.pdf file)

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Russian Real Estate Investment Company via Thomson Reuters ONE

HUG#1704407