Construction of Multi-Storey Car Parks in Kazan

AS Oiliken initiated the establishment of a investment fund to build chain a multi-storey car parks in the centre of Kazan which will form the base for further development of a car park business.

This fund is established in partnership with AK BARS Capital Management Company (www.akbars-capital.ru), which is a major investment company in Russia today, ranked 14th on the aggregate value of net managed assets. Closed-End Unit Investment Fund AK Bars Stable was registered with the Federal Financial Markets Service of Russia on April 23, 2009 and allocated ISIN code RU000A0JQ5D3.