Announcement from RURIC AB Board of Directors

Press Release
March 19, 2013


Announcement from RURIC AB Board of Directors

Today the Company Registration office in Stockholm (Bolagsverket) cancelled an
exception provided to the RURIC AB Board of Directors in regards of the non-EU
resident Board Members, which means no valid Board of Directors in RURIC AB
exists. RURIC AB has three weeks from March 19 to appeal the resolution.


For additional information:

Tatiana Ottestig, CEO of RURIC AB
Tel.: +7 (812) 309-78-95
E-mail: TOttestig@ruric.com
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


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