Aurrigo Regulatory News (AURR)

10 Mar 2009 12:13



10 March 2009

Amendment to Investment Management Agreement

Aurora Russia Limited ("Aurora Russia") announces that it has agreed with Aurora Investment Advisors Limited ("AIAL") to amend the exclusivity provisions of the Investment Management Agreement dated 20 March 2006. This will enable AIAL to both continue to act as the investment advisor to Aurora Russia and capitalize on the continued demand for investment in Russia by being able to manage other investment funds with substantially similar investment objectives to those of Aurora Russia. As part of the amendments, Aurora Russia has secured co-investment rights in the first separate fund to be managed by AIAL.

Enquiries:

Aurora Russia Limited

James Cook, Moscow +7 (495) 644 1662

John McRoberts, London +44 (0) 20 7839 7112

Investec Investment Banking

Patrick Robb +44 (0) 20 7597 5169

Martin Smith +44 (0) 20 7597 5177

Financial Dynamics

Ed Gascoigne-Pees +44 (0) 20 7269 7132

Alex Boycott +44 (0) 20 7269 7272