Court hearing of Moika - Glinki case is being postponed

Press Release
February 7, 2013



Court hearing of Moika - Glinki case is being postponed

Moscow Arbitration Court has postponed until March 18, 2013 the hearing of the
claim on compensation for Moika-Glinki investment agreement expenses against
Russian Ministry of Defense.



For additional information:

Vyacheslav Balabaev, CEO of Ruric Management LLC
Tel.: +7 (812) 309-78-95
E-mail: VBalabaev@ruric.com
Web:  www.ruric.com



ABOUT RURIC:

RURIC (Russian Real Estate Investment Company) - company with Swedish capital,
operating in St. Petersburg commercial real estate market since 2004.

Up to November 2012 RURIC business strategy consisted of the development and
management of real estate in St. Petersburg center. In the nearest future the
company is believed to introduce the new range of service, which it hasn't
rendered before.

It's going to establish the realty agency, which services would be based on the
cutting edge mobile application, and introduce the system analyzing visitors
traffic at business and trade centers prepared by the partners.

This method has no parallels and will be suggested as a part of the consulting
offer for office and retail property owners. Besides, 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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