Result of meeting of Bondholders

Press Release
May 6, 2013


Result of meeting of Bondholders


Notice is hereby given in respect of bond loan no 4 not exceeding SEK
682,766,800 10 %/13 % 2010/2014 due 16 November 2014 (the "Bonds") issued by
Russian Real Estate Investment Company AB (publ) ("Ruric" or the "Company"),
that at a meeting of the holders (the "Bondholders") of the Bonds held at 2.00
p.m. (Stockholm time) on 6 May 2013, at the offices of Mannheimer Swartling,
Norrlandsgatan 21, Stockholm, Sweden, the following resolutions detailed in the
notice of meeting of Bondholders dated 9 April 2013 (the "Notice") were duly
passed by the affirmative vote of the requisite majority of Bondholders:

1. The bondholders' meeting resolves that the breaches (as further set out in
the Notice) may be materially detrimental to the interest of the Bondholders.
2. The bondholders' meeting decides to commission the Bondholders Committee to
continue negotiations with Ruric and, if it in the opinion of the Bondholders
Committee is not possible to reach a reasonable negotiated solution within a
reasonable period of time and provided an Event of Default is continuing, ask
the Agent to accelerate the Bonds and enforce the security. This instruction is
valid until the next bondholders' meeting.

In accordance with the terms and conditions of the Bonds, the above resolutions
are binding on all Bondholders irrespective of them being present or represented
at the meeting and irrespective of how and if they have voted.

The minutes of the above mentioned bondholders' meeting will be available to
Bondholders from the Company and the Agent.



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

[HUG#1699603]