Court hearing on Moyka - Glinki case

| Source: Russian Real Estate Inv. Company AB
Press Release
April 18, 2014

Court hearing on Moyka - Glinki case

Expert  organization  OJSC  Regionalnoe  upravlenie  otsenki has provided Moscow
Arbitration  Court with  the results  of the  expertise of  case materials. Next
hearing will commence on 15 May 2014.

For additional information:

Tatiana Ottestig, CEO
Tel.: +7 (812) 309-78-95

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