29.08.2012

HMS Group signs US$ 29 mn contract for delivery of Compressor station

Moscow, Russia – August 29, 2012 – HMS Group (LSE: HMSG), the leading pump manufacturer and provider of flow control solutions and related services in Russia and the CIS, announces today that it has signed a “turn-key” contract for delivery and installation of a compressor station worth Rub 907 mn
(c. US$ 29 mn).

In accordance with the contract, HMS Group will deliver the associated gas compressor station on a customer’s site.  The station, based on two compressors manufactured by the recently acquired Kazancompressormash (KKM), to be installed at a gas processing plant in the Komi region, located in the European North of Russia.  Besides compressor units, the scope of supplied equipment includes a fuel gas conditioning package, separator facilities, heat ventilation and air conditioning systems, tanks and vessels, fire fighting skids and other equipment.  The project is to be completed at the end of 2013.

For more information, please contact:

Investor Relations: Inna Kelekhsaeva, Deputy Head of Investor Relations
Phone: +7 (495) 730-6601 x 1318, Kelekhsaeva@hms.ru

Media Relations: Nozima Karimova, Head of Press Service
Phone: +7 (495) 730-6610, Karimova@hms.ru

HMS Group is the leading pump & compressor 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. HMS’ 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 7.3 billion, adjusted EBITDA of Rub 1.4 billion and profit of Rub 485 million for the 3 months ended March 31, 2012. HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

DISCLAIMER

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.

THIS ANNOUNCEMENT IS NOT AN OFFER FOR SALE OF ANY SECURITIES IN THE UNITED STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THE HMS GROUP HAS NOT REGISTERED AND DOES NOT INTEND TO REGISTER ANY PORTION OF ANY OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF ANY SECURITIES IN THE UNITED STATES.

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