Shareholder's meeting resolved on share issue

(Thomson Reuters ONE) -


The Extraordinary shareholder's meeting in Ruric that was held yesterday,
unanimously resolved in accordance with the Board of Director's proposals. The
resolutions imply that Ruric will now carry out the new share issue and set-off
share issue which is a prerequisite to execute the composition that has become
legally binding.

The previously communicated time table follows below

7 May 2010                         Last day of trade with the share inclusive
the right to participate in the Issue of New Shares
10 May 2010                       First day of trade with the share exclusive of
the right to participate in the Issue of New Shares
10 May 2010                       Prospectus in view of the Issue of New Shares
is published
12 May 2010                       Record day for participation in the Issue of
New Shares
17 May 2010 -
25 May 2010                       Trade with subscription rights
17 May 2010 -
28 May 2010                       Subscription period
Beginning of June 2010      Swedish Companies Registration Office registers the
Issue of New Shares and subscription payment will be available for the Company
First half of June 2010        Payment of the composition dividend is estimated

Russian Real Estate Investment Company AB (publ)
For further information
Craig Anderson, CEO
Phone                 +7 812 703 35 50                         (St. Petersburg)
Phone                 +46 8 509 00 100                          (Stockholm)
e-mail                craig(at)ruric.com

ABOUT RURIC
Ruric's business concept is to acquire, develop, manage and lease out real

estate assets in St. Petersburg, Russia, offering  high quality commercial
premises in the best locations, thus contributing to the successful business
performance of its tenants. The company's vision is to become a leading real
estate company in central St. Petersburg.

The company's strategy is to identify high-potential real estate in the city
centre of St. Petersburg, structure appropriate deals and acquire at best price.
Thereafter high quality commercial space is offered to tenants seeking the best
possible premises and that are willing to pay for such premises.

Ruric's Certified Advisor on First North is Erik Penser Bankaktiebolag



[HUG#1412591]





Press release: http://hugin.info/141656/R/1412591/364799.pdf

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Datum: 06.05.2010 - 12:35 Uhr
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