Farallon/Noonday increase holdings in EOS Russia above 10%

Farallon/Noonday increase holdings in EOS Russia above 10%

EOS Russia has been advised by Noonday Asset Management that funds or accounts
managed by Noonday jointly with Farallon Capital Management have increased their
holdings in EOS Russia above 10% of shares outstanding. 

Stockholm, 20 October 2010
EOS Russia

For further information, please contact: 
ir@eos-russia.com

EOS Russia is an investment company headquartered in Stockholm. The overall
objective of the company is to offer attractive returns via investments in the
Russian electricity industry. EOS Russia's shares have been listed on First
North, a marketplace operated by the Stockholm Stock Exchange, since 25 June
2007.