PRESS RELEASE / November 19, 2012 Ruric AB's subsidiary, LLC Litera has appealed the rent increased proposed by the Agency of Management and Utilization of Historical and Cultural Monuments (AUIPIK) Ruric AB's subsidiary, LLC Litera has appealed the rent increased proposed by the Agency of Management and Utilization of Historical and Cultural Monuments (AUIPIK). In the light of that the building is not producing any sublease income for Litera, Ruric believes there is no basis for rent increase. Hence, Litera is disputing the significant rent increase suggest by AUIPIK. The first hearing will be held on December, 06, 2012. For additional information Ingvar Ljungqvist, CEO Phone +46 8 509 001 01 Email iljungqvist@ruric.com Web www.ruric.com ABOUT RURIC Ruric's business strategy is to manage real estate in the center 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 at First North is Erik Penser Bankaktiebolag [HUG#1659117]
RURIC: LLC Litera has appealed the rent increased proposed by the Agency of Management and Utilization of Historical and Cultural Monuments (AUIPIK)
| Source: Russian Real Estate Inv. Company AB
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