Sven Thorngren, CEO of EOS Russia, has increased his shareholding in the company

Sven Thorngren, CEO of EOS Russia, has increased his shareholding in the company by 14,000 shares and now owns 40,000 shares.

"This is a further step in the implementation of my long-term strategy to put all my eggs in one basket," says Sven Thorngren.

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 utility sector. EOS Russia’s shares have been listed on First North, a marketplace operated by the Stockholm Stock Exchange, since 25 June 2007.

Stockholm, 30 July 2007

EOS Russia

For further information, please contact:

Sven Thorngren, CEO: +46 (0) 8 509 00 180