RURIC PRESENTED FOR RUSSIA'S PRESIDENT PUTIN

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					 PRESS RELEASE




RURIC PRESENTED FOR RUSSIA’S PRESIDENT PUTIN


Press release 21-06-2007

During the recently concluded St Petersburg Economic Forum, Ruric’s chairman Nils Nilsson had a private
meeting with the Russian President, Vladimir Putin.

During the meeting – which was conducted entirely in Russian - Nils Nilsson presented Ruric and the magnitude
of the investments completed by the company in Russia. The meeting took place on very positive terms and
concluded with the presentation of a gift dedicated to the Russian Federation: a portrait of Anna Achmatova,
the Russian national poet.

In a separate announcement after the meeting, which also concerned cultural matters, Nils Nilsson disclosed
that he has taken the initiative to start a foundation whose purpose is to restore Russian national treasures to
the Russian Federation’s different cultural institutions, with financial support from Russian and international
companies.




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For additional information
Nils Nilsson, chairman
tel. +7 921 955 06 52

Thomas Zachariasson, CEO
tel +46-8-509 00 101
thomas@ruric.com
www.ruric.com

Ruric's business concept is to acquire, develop, manage, let and divest real estate in St Petersburg, Russia, with a focus on
commercial premises of the highest quality in the best locations that can thereby contribute positively to the business of the
tenants. The company has the vision of becoming a leading real estate company in central St Petersburg.

The strategy is to identify real estate with great potential in the central parts of St Petersburg, create suitable acquisition structures and
acquire at the best price. After renovations, commercial premises of the highest class are offered to tenants that are looking for the best
possible premises in the best locations and are willing to pay for it.




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