Ruric's share issues registered

(Thomson Reuters ONE) -


Russian Real Estate Investment Company AB's ("Ruric" or the "Company") share
issue with pre-emptive rights for shareholders in the Company and set-off issue
directed at certain creditors, have now been registered by Swedish Companies
Registration Office.

A total of 56 815 480 class B shares in the Company have been subscribed and
paid for within the scope of the share issue with pre-emptive rights, bringing
Ruric SEK 170.4 million before issue expenses.

Also, certain creditors have subscribed for a total of 35 969 979 class B
shares, within the scope of the reorganisation of Ruric, through set-off of
claims against Ruric corresponding to approximately SEK 215.8 million, as it is
presented in the prospectus.

The share capital amounts to 208 297 110 SEK and the number of shares amount to
104 148 555, after registration of the share issues. The newly issued shares are
expected to be booked at each shareholder´s securities account on 15 June 2010.

The newly issued bond loan (Loan No. 4), which is part of the composition to
certain creditors within the scope of the reorganisation of Ruric, is expected
to be booked at each creditor´s securities account on 15 June 2010. Trading in
the bond loan is expected to commence on 15 June 2010 at NASDAQ OMX Stockholm.

Russian Real Estate Investment Company AB (publ)

For further information

Craig Anderson, CEO
Tel                       +7 812 703 35 50                          (St.
Petersburg)
Tel                       +46 8 509 00 100                          (Stockholm)
E-mail                 craig(at)ruric.com
web                     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 on First North is Erik Penser Bankaktiebolag



[HUG#1423461]





Press release: http://hugin.info/141656/R/1423461/372349.pdf

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Datum: 14.06.2010 - 14:19 Uhr
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