Press release 10-01-2012

Ruric has previously communicated that the parties have agreed on the wording in the addendum to the investment agreement regarding Moika/Glinky. The agreement has been completed and is now signed by all parties.

Russian Real Estate Investment Company AB (publ)

For additional information
Adam Fischer, CEO
Phone                 +46 8 509 00 101
email                   adam@ruric.com
web                     www.ruric.com:
http://www.ruric.com/

ABOUT RURIC
Ruric's business strategy is to manage real estate in the centre of St Petersburg. In addition Ruric shall also acquire real estate and implement value creating additional investments at attractive conditions. Through professional management and good tenant relations spaces of high class are offered to tenants looking for possible spaces in central locations willing to pay for it. Ruric offers primarily office- and retail premises.

Ruric's Certified Advisor at First North is Erik Penser Bankaktiebolag.

Press Release:
http://hugin.info/141656/R/1576487/491331.pdf


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Russian Real Estate Investment Company via Thomson Reuters ONE
HUG#1576487