OREANDA-NEWS. September 22, 2009. Joint Stock Company “United Aircraft Corporation” (UAC) announces the decision of the Board of directors to approve (Minutes №27 as of September 21, 2009) the valuation of shares of its subsidiaries for the purposes of payment for the newly issued ordinary shares of UAC.

For the purposes of the UAC additional share issue, based on the valuation prepared by Ernst & Young Valuation Advisors LLC., the independent appraiser, UAC`s Board of directors set the following prices for the shares, in which the UAC additional shares can be paid:
The Price of one ordinary nominal non-documentary share of Open joint stock company “Ilyushin Aviation Complex” to be 87,272 roubles and 85 kopecks (Eighty seven thousand two hundred and seventy two roubles and 85 kopecks);
The Price of one ordinary nominal non-documentary share of Joint Stock Company “Sukhoi Design Bureau Company” to be 73,271 roubles and 10 kopecks (Seventy three thousand two hundred and seventy one roubles and 10 kopecks);
The Price of one ordinary nominal non-documentary share of Joint Stock Company “A.S.Yakovlev Design Bureau” to be 906 roubles and 15 kopecks (Nine hundred and six roubles and 15 kopecks);
The Price of one preferred nominal non-documentary A-type share of Joint Stock Company “A.S.Yakovlev Design Bureau” to be 236 roubles and 25 kopecks (Two hundred and thirty six roubles and 25 kopecks);
The Price of one ordinary nominal non-documentary share of Open joint stock company “Voronezh Aircraft joint-stock company” to be 246 roubles and 75 kopecks (Two hundred and forty six roubles and 75 kopecks);
The Price of one preferred nominal non-documentary A-type share of Open joint stock company “Voronezh Aircraft joint-stock company” - 246 roubles and 75 kopecks (Two hundred and forty six roubles and 75 kopecks);
The Price of one ordinary nominal non-documentary share of Open joint stock company "Irkut Corporation" to be 24 roubles and 15 kopecks (Twenty four roubles and 15 kopecks);
The Price of one ordinary nominal non-documentary share of Joint Stock Company “Beriev Aircraft” to be 5,358 roubles and 15 kopecks (Five thousand three hundred and fifty eight roubles and 15 kopecks);
The Price of one ordinary nominal non-documentary share of Public Joint-Stock Corporation “Taganrogskaya Aviatsiya” to be 3,013 roubles and 50 kopecks (Three thousand thirteen roubles and 50 kopecks);
The Price of one ordinary nominal non-documentary share of Joint stock company “UAC - Transport aircraft” to be 6 roubles and 30 kopecks (Six roubles and 30 kopecks);
The Price of one ordinary nominal non-documentary share of Joint-stock company “Tupolev” to be 44 kopecks;
The Price of one ordinary nominal non-documentary share of Closed Joint Stock Company “Aviastar-SP” to be 36 kopecks;
The Price of one ordinary nominal non-documentary share of Joint Stock Company “Nizhny Novgorod aircraft building plant “Sokol” to be 164 roubles and 85 kopecks (One hundred and sixty four roubles and 85 kopecks);
The Price of one preferred nominal non-documentary A-type share of Joint Stock Company “Nizhny Novgorod aircraft building plant “Sokol” to be 164 roubles and 85 kopecks (One hundred and sixty four roubles and 85 kopecks);
The Price of one ordinary nominal non-documentary share of Open Joint Stock Company “Finance Leasing Company” to be 15 roubles and 75 kopecks (Fifteen roubles and 75 kopecks);
The Price of one ordinary nominal non-documentary share of Joint Stock Company “Kazan Aviation Production Association named after S.P.Gorbunov” to be 114 roubles and 45 kopecks (One hundred and fourteen roubles and 45 kopecks);
The Price of one ordinary nominal non-documentary share of Public Joint Stock Company “Russian Aircraft Corporation “MiG” to be 0.0000000498308148918584 roubles;
The Price of one ordinary nominal non-documentary share of Joint Stock Company “Aviation Holding Company “Sukhoi” to be 2,802 roubles and 45 kopecks (Two thousand eight hundred and two roubles and 45 kopecks);
The Price of one ordinary nominal non-documentary share Open Joint-Stock Company “Ilyushin Finance Co.” to be 69,334 roubles and 65 kopecks (Sixty nine thousand three hundred and thirty four roubles and 65 kopecks).

The placement of the UAC additional shares is to be conducted during the period from September 30th, till October 28th, 2009.

To participate in the placement the shareholders in the above-mentioned companies should enter into a share purchase agreement and have the property rights to the issued shares registered during the period from September 30th, till October 23rd, 2009.

For additional information on the placement please attend our web site (in Russian language only): http://www.uacrussia.ru/ru/investors/information_disclosure/add_issue/.