Update on Ruric court cases Press Release July 17,

Press Release July 17, 2013 Update on Ruric court cases On July 17, 2013 Ruric subsidiaries had two court hearings in Russia. Court hearing on Moika - Glinki case is being postponed. At the request of the defendant Moscow Arbitration Court postponed the hearing on compensation of claim from LLC Glinki 2 to the Ministry of Defence of the Russian Federation until September 11, 2013. The Ministry of Defence of the Russian Federation had no position for the case so they requested extra time to study the case materials. Representatives of the Ministry of Defence of the Russian Federation informed Ruric that amicable agreement is not possible and they will use the time to prepare their objections to challenge the full amount of the claim. The Court has asked the parties to prepare the final clarifications on the claim and objections to the claim by September 11, 2013. Litera LLC has again won the case against AUIPIK. On July 17, 2013 Litera LLC (Ruric 50% owned company) won the court of appeal to set-off the incurred capital expenses for restoration of the building at the Fontanka 57 lit. A in the amount of RUB 84 mln against rental payments for the use of the building under the lease agreement with the Russian governmental agency AUIPIK. This fact allows LLC Litera to effectively off-set future rental payments since August 2013. For additional information: Denis Panovitsin, CEO of Ruric Management LLC Tel: +7 (812) 309-78-95 E-mail: dpanovitsin@ruric.com Web:  www.ruric.com About company: RURIC AB (Russian Real Estate Investment Company AB (publ) (reg. No. 556653-9705, Hovslagargatan 5 B, SE-111 48 Stockholm)) is a company with Swedish capital, operating in St. Petersburg commercial real estate market since 2004. The company is dealing with the investment projects coordination, local and national market approach consulting, valuation and property trust services. Real estate portfolio construction and management services are also included. RURIC's Certified Advisor at First North is Erik Penser Bankaktiebolag [HUG#1717187]