OREANDA-NEWS. February 15, 2010. OJSC Rosinter Restaurants Holding (Rosinter or Company), the leading casual dining restaurants chain in Russia and the CIS, announces a capital increase (the ”Capital Increase”), reported the press-centre of Rosinter Restaurants.

Rosinter intends to use the proceeds of the Capital Increase primarily for business development, debt reduction and other general corporate purposes.

The Rosinter Capital Increase will in the first instance comprise a secondary offering (the “Offering”) of up to US25 million of its ordinary shares (the “Shares”) by RIG Restaurants Limited (the “Selling Shareholder”).

Following completion of the Offering, the Company will issue new Shares by way of an open subscription under Russian law. The Selling Shareholder will use all of its net proceeds from the Offering for the Capital Increase by subscribing and paying for the new Shares offered in the open subscription. The open subscription is subject to shareholder and regulatory approvals.

The Shares are listed on the Russian Trading System Stock Exchange ("RTS") and the Moscow Interbank Currency Exchange ("MICEX") under the ticker symbol “ROST”.

Commenting on the Offering, Sergey Beshev, the President and Chief Executive Officer of the Company, said:

“The Capital Increase will be an important milestone in Rosinter’s development, as it will allow us to take advantage of macro recovery and further growth opportunities in the rapidly developing casual dining market in Russia and the CIS”.

Renaissance Capital acts as the Sole Bookrunner of the Offering.