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Conference Call to Discuss Full Year 2010 IFRS Financial Results

14th Apr 2011 14:30

CONFERENCE CALL TO DISCUSS FULL YEAR 2010

IFRS FINANCIAL RESULTS

Wednesday, 27 April 2011

9.00 AM (EDT) / 2.00 PM (UK) / 3.00 PM (CEST) / 5.00 PM (MOSCOW)

Host:

Vyacheslav Tsoy - Deputy Head of Capital Markets and Investor Relations

Speakers:

Artem Molchanov - President and Chief Executive Officer

Kirill Molchanov - First Deputy General Director and Chief Financial Officer

Alexander Rybin - Head of Capital Markets and Investor Relations

To participate in the conference call, please dial:

UK/ International: +44 20 8515 2302

US: +1 480 629 9738

Russia: +7 495 580 9543

For more information, please contact:

Alexander Rybin Nozima Karimova
Head of Capital Markets and IR Head of Press Service
Tel: +7 (495) 730-66-12 Tel: +7 (495) 730-66-01

[email protected]

[email protected]

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. According to the international consultancy Frost & Sullivan, in 2009, the HMS Group had a 41 per cent market share in Russia (by revenues) in its core industrial pumps segments and a 35 per cent market share in Russia (by revenues) in its core modular equipment market segments. The HMS Group's products are mission-critical elements of projects across a diverse range of industries. The HMS Group has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia's core oil producing areas to export ports on the Pacific Ocean and Baltic Sea.

For the year ended 31 December 2009, the HMS Group had revenues of RUR 14.8 billion, EBITDA of RUR 1.9 billion, and net profit of RUR 83.2 million. For the nine months ended 30 September 2010, the HMS Group had revenues of RUR 16.2 billion, EBITDA of RUR 2.3 billion, and net profit of RUR 1.1 billion.

Global depositary receipts ("GDRs"), each representing an interest in ordinary shares ("Shares") of the Company, have been admitted to trading on the London Stock Exchange's main market under ticker symbol HMSG and to the Official List of the UK Listing Authority since 14 February 2011.

Copyright Business Wire 2011


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