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Financial Corporation "Sistema"

April 8, 2009

Sistema-Hals announces the date of its rouble bond placement

Moscow, Russia April 8, 2009 Sistema-Hals (LSE, MICEX, RTS: HALS), a major Russian real estate company, announced today that the placement of its rouble bond public offering is scheduled for April 14, 2009. The Company plans to issue RUB 3 billion in bonds with maturity in 2014. Lead Arranger of the bond is ZAO Raiffeisenbank.

Funds raised through the placement will be used for debt restructuring.

 

 

 

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