29.06.2011

HMS Group completes delivery of pumping equipment to Purpe-Samotlor pipeline system

HMS Group (LSE: HMSG), the leading pump manufacturer and provider of flow control solutions and related services in Russia and the CIS, announces that it has completed the delivery of eight upgraded trunk pipeline pump’s systems (based on pump NM 7000-250) to Purpe-Samotlor oil pipeline. These new high capacity units were designed for two oil pumping station – OPS Purpe and OPS Vingapur.

The “Purpe-Samotlor” oil pipeline is the part of the project of construction of the oil trunk pipeline “Zapolyarye-Purpe-Samotlor”, aimed at increasing volumes of oil transportation from the Yamal-Nenets Autonomous district and the northern part of the Krasnoyarsk region to the integrated system of Russian trunk pipelines. The pipeline will become the link between western and eastern parts of Russian trunk pipeline system. The "Purpe-Samotlor" oil pipeline project includes construction of a trunk pipeline with total length of 429 km and operational capacity of 25 million tonnes per year.
 
The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. The Group reported revenues of RUB 7.1 billion, adjusted EBITDA of RUB 1.6 billion and profit for the period of RUB 1 billion for the three months ended March 31, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

For further information, please contact:

HMS Group

Tel: +7 (495) 730-66-01
Inna Kelekhsaeva, Extension – 1318
kelekhsaeva@hms.ru

Nozima Karimova, Extension – 1517
karimova@hms.ru

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THIS COMMUNICATION DOES NOT CONSTITUTE AN OFFER OF, OR THE SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR, GDRs OR OTHER SECURITIES TO ANY PERSON IN ANY JURISDICTION TO WHOM OR IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL AND, IN PARTICULAR, IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE RUSSIAN FEDERATION.

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