Outcome of the balance sheet for liquidation purposes

Press Release
June 13, 2013

Outcome of the balance sheet for liquidation purposes

The board of directors of Russian Real Estate Investment Company AB (publ) (reg. no. 556653-9705) (the "Company") has in May 2013 prepared a balance sheet for liquidation purposes in accordance with Chapter 25 Section 13 and 14 of the Swedish Companies Act and caused the Company's auditor to issue a statement thereon. The balance sheet for liquidation purposes evidence that the shareholders' equity in the Company is less than one-half of the registered share capital. As a consequence thereof, the board of directors of the Company is obliged to issue a notice to attend an initial meeting for liquidation purposes in order to present the balance sheet for liquidation purposes to the meeting and for the meeting to determine whether the company shall go into liquidation. Such notice to attend the initial meeting for liquidation purposes will be issued today, 13 June 2013.

The balance sheet for liquidation purposes will be held available at the Company's offices on Hovslagargatan 5 B, SE-111 48 in Stockholm and through the Company's website www.ruric.com from Friday 14 June 2013.

For additional information:

Tatiana Ottestig, CEO
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.

The company is 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.

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

Outcome of the balance sheet for liquidation purposes (.pdf file)

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Source: Russian Real Estate Investment Company via Thomson Reuters ONE

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