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BFR - JSC Open Investments: JSC OPIN ANNOUNCES SALES RESULTS IN KEY PROJECTS FOR THE YEAR ENDED 31 DECEMBER 2011

Company: INGRAD Date: 2012-02-03 Language: English Register to download

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 News Details

Corporate | 3 February 2012 06:00

#   

JSC Open Investments: JSC OPIN ANNOUNCES SALES RESULTS IN KEY PROJECTS FOR THE YEAR ENDED 31 DECEMBER 2011

  

JSC Open Investments / Key word(s): Miscellaneous/Miscellaneous  

  

03.02.2012 / 06:00  

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3 February 2012

**Press Release**  

**JSC OPIN ANNOUNCES SALES RESULTS IN KEY PROJECTS**  

**FOR THE YEAR ENDED 31 DECEMBER 2011**

Joint Stock Company 'Open Investments' (JSC 'OPIN' or the 'Company') (BLOOMBERG: MICEX – OPIN.RM), the first publicly traded real estate developer in Russia, today announces its sales results for the year ended 31 December 2011 in its key development projects Pavlovo, Pestovo and Martemyanovo.

The full version of the Report is available on the corporate website and can be downloaded at http://opin.ru/investors/news/

– ends-

For further information, please contact:

*Investors:*  

Stanislav Joukov +7 495 363 2211 ext. 2388

*Media:*  

Anna Rogova +7 495 363 2211 ext. 2513

**About OPIN**

Established in 2002, JSC OPIN is one of the leading real estate development companies operating in Russia.

OPIN is focused on the development of master-planned multi-format residential communities and the operation of high-quality commercial properties in Moscow and the Moscow Region. Having completed nearly 200,000 sq. m of commercial space and 500 ha of developed master-planned communities, today OPIN is a well-recognised brand in the domestic market, known for the market-leading quality of the projects it delivers. Through its property expertise and successful track record, the Company's strategic goal is to become a platform for the consolidation of assets in the real estate industry in Russia.

The Company's majority shareholder is ONEXIM Holdings Ltd, a major private investment group in the CIS region with a diversified portfolio of assets in mining, real estate, financial services, media, energy production and high-tech.

In November 2004 OPIN was successfully admitted to the RTS stock exchange and since then has carried out six secondary public offerings, raising nearly US$2 billion.

Further details can be found on the OPIN website at [www.opin.ru](http://www.opin.ru/)

  

  

End of Corporate News  

  

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03.02.2012 Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC – a company of EquityStory AG.  

The issuer is solely responsible for the content of this announcement.  

  

EquityStory.RS, LLC’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.  

Media archive at www.dgap-medientreff.de and www.dgap.de  

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|     |     |
| --- | --- |
| Language: | English |
| Company: | JSC Open Investments |
|     | Tverskoy blvr, 13/1 |
|     | 123104 Moscow |
|     | Russia |
| Phone: | \+ 7 495 363 22 11 |
| E-mail: | info@opin.ru |
| Internet: | www.opin.ru |
| ISIN: | RU000A0DJ9B4 |
|     |     |     |

|     |     |
| --- | --- |
|     |     |
| End of News | EquityStory.RS, LLC News-Service |

|     |
| --- |
| - - - |
| 155170  03.02.2012 |

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