EOS Russia prepares for trading on the OMX Nordic List and

EOS Russia prepares for trading on the OMX Nordic List and a new share issue

-	Annual general meeting moved to April 22
-	Company prepares for a listing on the Nordic List between May and September
-	Share issue possible at net asset value or above


The board of EOS Russia decided yesterday to change the date of the annual
general meeting to April 22, 2008 in order to allow for a possible meeting with
the OMX Nordic Exchange Listing Committee on April 24, 2008. 

The board decided that the company would carry out the measures required for
approval for trade on the Nordic List. It is estimated that the work will be
completed by the end of April.

Sven Thorngren, EOS Russia's CEO, was requested to look into the possibilities
of carrying out a new in kind and cash issue alongside the listing on the Nordic
List, at a price corresponding to the company's net asset value or above. The
size of the issue will be established at a later date, depending on market
demand."Since founding EOS, it has been our goal to hold a considerable share in UES
before the break up of the company in July. We also want to create good
liquidity for our share. A greater spread of ownership, enlargement of the
company and a listing on the Nordic Exchange will be a great help in achieving
this goal," says Sven Thorngren, CEO of EOS Russia.
EOS Russia's net asset value as of January 24, 11.30 CET, was SEK 2,481m (USD
382m at an exchange rate of SEK/USD 6.50). The net asset value per share was SEK
88.10 and the total number of outstanding shares in EOS Russia was 28,162,734.


EOS Russia is an investment company headquartered in Stockholm. The overall
objective of the company is to offer attractive returns via investments in the
Russian utility sector. EOS Russia's shares have been listed on First North, a
marketplace operated by the Stockholm Stock Exchange, since 25 June 2007.

Stockholm, 25 January 2008
EOS Russia

For further information, please contact:
Sven Thorngren, CEO: +46 (0) 8 509 00 180
Ann-Sofi Jönsson, Investor Relations: +46 (0) 8 509 00 180