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Acron Completes its Voluntary Tender Offer

Pursuant to its previously announced voluntary tender offer, Acron confirms that it has bought back an aggregate of 803,606 shares of its outstanding common registered uncertificated shares (approximately 1.69% of its authorised capital) at a total price of RUB 731,594,866. All of the shares have now been transferred to Acron and will be held in treasury.

In accordance with the Board of Directors' resolution, dated May 18, 2010, Acron had agreed to purchase up to 953,752 of its shares at a price of RUB 910.39 per share. Due to the fact that some of the shareholders that tendered their shares did not execute share purchase agreements, Acron bought a total of 803,606 of its shares in the voluntary tender offer.