RG Brands JSC (Kazakhstan) informed on complete drew credit funds in the amount of $10.0 m

/KASE, May 21, 08/ - RG Brands JSC (Almaty), securities of which are traded in the Kazakhstan Stock Exchange (KASE) category "A" official list, provided KASE the press-release of the following content: Quotation start RG Brands JSC - one of the leading company on the market of food and beverages in Kazakhstan and Central Asia - informs on the complete drew credit funds in the amount of USD10 m., allocated under the signed in February agreement with Development Bank of Kazakhstan. Borrowed funds are used for funding of construction of the new production and logistics center of the company in Almaty vicinity (village Askenger). The modern plant will allow the production capacity increase. Innovative project and engineering solutions, and implementation of the best management standards will ensure significant increase of labor productivity and, accordingly, will lead to the decrease of ready products cost price. The company is confident that launching of this project will significantly contribute into the sustainable food market development of Kazakhstan. The factor of the company's export capacity, which is working on the neighboring markets, is also important. Launching of the project first stage is planned for the 3rd quarter of 2008. Tair Nurmukhambetov, RG Brabd JSC Board member, emphasized that "borrowing of the Development Bank of Kazakhstan credit demonstrates high level of confidence to our company on behalf of financial institutions. It is also important to note this funding was provided by Development Bank of Kazakhstan under solution of the domestic economy priority objectives and difficult for the country financial market times". In addition, Mr. Tair Nurmukhambetov emphasized that this project is an excellent example of cooperation between the local investor RG Brands JSC and the domestic and international development institutions (Development Bank of Kazakhstan and European Bank for Reconstruction and Development). RG Brands JSC was founded in 1994 as the distributor of imported consumer goods of known international trade marks. In 1998, RG Brands became the exclusive franchising partner of PepsiCo International and started development and production of own trade marks in various categories: juices and nectars, tea, milk and shacks. Nowadays RG Brands takes the leading positions on the market due to strong trade marks, both own and international (juices: "Da-Da" and "Da- Da Day", "Gracio", "Nektar Solnechny", beverages: Pepsi, Lipton Ice Tea and AquaFina, tea "Пиала Голд", milk "Moye", snacks "Grizzly" and "Bravo"), the diversified and balanced food portfolio, developed distribution system, high corporate management standards, and professional management team. Quotation end [2008-05-21]