OREANDA-NEWS. April 27, 2010. Sistema-Hals (LSE, MICEX, RTS: HALS), a major Russian real estate company, announces today that the Company has executed the obligations and paid off its second ruble bond in the amount of 2 million securities. Earlier on March 18, 2010 the 3-10 coupons rate of the second bond issue was determined as 8,5%.

For further information please contact:

Anna Zavialova

Director

PR Department

Tel. +7 (495) 785-7764

zavialova@sistema-hals.ru

Sistema-Hals ("the Company") is one of the leading diversified company in the Russian and CIS real estate market.

The Company was the first Russian property developer to list its shares on the main market of the London Stock Exchange. The Company's shares are also listed on the Moscow Interbank Currency Exchange and the Moscow Stock Exchange and the Russian Trading System Stock Exchange.

Main shareholders of Sistema-Hals are Bank VTB (51.24%) and AFK "Sistema" (27.6%); free float is about 18%.