OREANDA-NEWS. July 30, 2010. OJSC “Rosinter Restaurants Holding” (“Rosinter” or the “Company”), the leading casual dining restaurants chain in Russia and the CIS, announces that it has completed the placement of 4,274,877 new shares at USD 10.5 per share for a total amount of USD44.9 million, net of fees and expenses, reported the press-centre of Rosinter.

The Company’s shareholders registered as at February 12 2010, including RIG Restaurants Limited (the “Selling Shareholder”), subscribed 3,876,715 shares by exercising their preemptive right. The remaining shares were placed by open subscription.

The Selling Shareholder used all the proceeds obtained in February 2010 from the sale of 2,619,048 shares it held in the Company (the “Shares”), USD27.5 million, to exercise its preemptive right and subscribe new shares.

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:

”This capital increase will allow us to further consolidate the leadership of our brands by taking advantage of growth opportunities in our markets which have benefited in 1H 2010 from macro-recovery which lead to an increase of our operating revenue by 16,9% y-o-y in Ruble terms”.

Mr. Beshev added: “Also, the new issue increases our free float and will generate enhanced liquidity of our shares”.

Renaissance Capital acted as the Sole Bookrunner of the Offering.