OREANDA-NEWS. December 02, 2009. Sistema-Hals (HALS), a leading diversified company in the Russian and CIS real estate market, announces that its Annual Report 2008 was recognized one of the best again.

The Company won the II prize in the main category of the XII Annual Awards in the Russian Federation - "The Best Information Disclosure in the Annual Report by Companies with Less than 10 Bln RUB Market Capitalization". Since 1998 the contest has been organized by RTS Exchange and is still one of the major events for Russian issuers. In 2009, there were 125 companies from Russia and CIS who took part in the XII Annual Awards.

Ulyana Denga, Director for Investor Relations commented on the prize, "Information disclosure in Annual Report is one of our steps towards Sistema-Hals transparency. This year the Company participated in three Russian major annual awards, and won in two of them. On behalf of Sistema-Hals, I would like to thank members of the jury for the high ratings of the Company's efforts".