EOS Russia’s net asset value at SEK 75.04 per share as of April 3, 2008, 11:40 CET

As of April 3, 2008, EOS Russia’s estimated net asset value amounted to USD 352 million (SEK 2.113 bln at an exchange rate of SEK/USD 6.095). The net asset value per share was SEK 75.04.

The net asset value per share has been calculated based on 28,162,734 shares, the total number of shares in EOS Russia as of April 3, 2008.

The single largest holding in the portfolio was UES, holding a 93.2% share of the total portfolio. As of April 3, 2008, the UES GDR’s market price was USD 102.875. The market value has been calculated by using the mid-market price at 11:40 CET. EOS Russia’s leverage amounted to 1.0% of the net asset value.

This report has not been subject to review by the company’s auditors.

EOS Russia’s latest NAV is available on our web site: www.eos-russia.com under the section -News and press and -NAV Information. The information can be subscribed to either by email or via RSS-feed. EOS Russia also releases the net asset value information through a press release once a month.

Stockholm, April 3, 2008

EOS Russia

EOS Russia is an investment company headquartered in Stockholm. The overall objective of the company is to offer attractive returns via investments in the Russian electricity industry. EOS Russia’s shares have been listed on First North, a marketplace operated by the Stockholm Stock Exchange, since 25 June 2007.

For further information, please contact:

Sven Thorngren, CEO: +46 (0) 8 407 31 50

Ann-Sofi Jönsson, Investor Relations: +46 (0) 8 407 31 50