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 Court hearing of Moika - Glinki case is being postponed: http://hugin.info/141656/R/1676557/546485.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#1676557]