RusForest Announces Results of Extraordinary Gener

July 11, 2013, Stockholm, Sweden – RusForest AB (publ) (“RusForest” or the “Company”) (NASDAQ OMX: RUSF), a Swedish forestry company with operations in Russia, announces that the Company’s extraordinary general meeting of shareholders today resolved on the following matters: Board of Directors The extraordinary meeting resolved, in accordance with the nomination committee’s proposal, that the number of board members shall be six (6) without any deputy members and to elect Garrett Soden as board member and chairman of the board of directors and to elect Paul Putz as deputy chairman of the board of directors. The extraordinary general meeting resolved, in accordance with the nomination committee’s proposal, on unchanged fees to the board of directors, i.e., SEK 150,000 annually to each board member not drawing any salary from the Company and SEK 300,000 to the chairman of the board of directors. However, due to the election of the additional member to the board of directors, the total fee will increase by SEK 150,000. About RusForest AB RusForest is a Swedish forestry company operating in Eastern Siberia and the Arkhangelsk region of Russia.  The Company controls long-term timber leases and utilizes these resources to produce a wide range of sawnwood products.  RusForest is listed on NASDAQ OMX Stockholm First North (ticker symbol “RUSF”). RusForest AB's Certified Adviser on First North is Pareto Öhman AB.

         For additional information, please visit the Company's website at www.rusforest.com or contact:          Mia O'Connor, Investor Relations, telephone: +46 8 771 85 00