20 January 2012

Etalon to Announce Q4 2011 Operating Results

On Tuesday, 24 January 2012 at 14:00 London time (18:00 Moscow; 09:00 New York), Etalon will host a live conference call and audio webcast to discuss its Q4 2011 operating results.  The results will be issued in a press release earlier the same day.

Etalon Group President Viacheslav Zarenkov, CFO Anton Evdokimov, Head of Investments Dmitri Boulkhoukov and Head of Strategy and Business Development Alexander Shkuratov will briefly present the Q4 2011 operating results and answer questions from webcast and conference call participants. The webcast and conference call details are provided below:

Conference call dial-ins:

Toll numbers:

London:           +44 (0) 20 3003 2666
Moscow:         +7 499 272 4337
New York:       +1 646 843 4608

Toll free numbers:

Russia:            8 10 8002 1774011 (from Moscow only)
UK:                  0808 109 0700
USA:                1 866 966 5335

Conference Call Password:  Etalon

About Etalon Group

Founded in 1987, Etalon Group is one of Russia's largest residential real estate developers. The Company operates in both the St. Petersburg and Moscow Metropolitan Areas.

Etalon Group has a strong portfolio focused on large-scale residential complexes, with a dominant position in the "comfort class" (lower middle class and upper economy class) price segment, providing high quality living at affordable prices. The Company's portfolio comprised 28 projects, as of 31st December 2010, with a total of 3.13 million sqm of unsold net sellable area ("NSA") in the St. Petersburg and Moscow Metropolitan Areas. For the year ended 31st December 2010, the Company recorded revenues of RUB 20.3 billion (USD 669 million) and EBITDA of RUB 6.9 billion (USD 227 million), with an EBITDA margin of 34%.

Since 20th April 2011, Etalon Group Limited has had its GDRs traded on the Main Market of the London Stock Exchange.

Etalon Group IR Team
T: +44 (0) 20 8123 1328
E: info@etalongroup.com

M: Communications
Sam VanDerlip
T: +7 495 663 8005
vanderlip@mcomgroup.com

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