Litera LLC has again won the case against AUIPIK

Press Release April 22, 2013 Litera LLC has again won the case against AUIPIK On April 22, 2013 Arbitration Court of Saint-Petersburg and Leningrad region has recognized the right of Litera LLC (Ruric 50% owned company) to set-off 84 239 658, 91 Rubles against rental payments for the use of the building at the Fontanka 57, lit. A, under the lease agreement with the Russian governmental agency AUIPIK. For additional information: Vyacheslav Balabaev, CEO of Ruric Management LLC Tel.: +7 (812) 309-78-95 E-mail: Web: 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 Litera LLC has again won the case against AUIPIK (.pdf file): 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#1694880]