Regarding Russian Real Estate Investment Company AB (publ) (“Ruric”) – Company Reorganization – Composition Offer

February 19, 2010 To Bondholders of Russian Real Estate Investment Company AB (publ) Regarding Russian Real Estate Investment Company AB (publ) (“Ruric”) – Company Reorganization – Composition Offer QVT Financial LP (“QVT”), being a representative of a group of beneficial owners of debentures and bonds issued under Ruric’s 2006/2010 debentures, maximum amount SEK 700,000,000 at 8.5%, loan no. 2 (“Bond Loan No. 2”) and the SEK 400,000,000 16% Bonds 2008/2010, Series No. 3 (“Bond Loan No. 3”), have by a press release issued by Ruric on its website on 11 February 2010 been informed that the