Amendment to Investment Manag

RNS Number : 6166O

Aurora Russia Limited

10 March 2009

 



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          [phone]

John McRoberts, London    [phone]

Investec Investment Banking

Patrick Robb                       [phone]

Martin Smith                        [phone]

Financial Dynamics

Ed Gascoigne-Pees           [phone]

Alex Boycott                       [phone]

---

 

END

 

 

MSCURAURKAROAAR