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Integra brochure
(pdf - 1.6 mb)


October 31, 2007

Integra Group expands its presence in the CIS

Integra Group (LSE: INTE), Russia’s leading diversified oilfield services company, announces the opening of representative offices in a number of the CIS countries including Kazakhstan, Azerbaijan, Uzbekistan and Ukraine. Integra has also applied to the authorities of Turkmenistan for the establishment of the representative office in the Republic.

This network of representative offices is being created to promote the full range of services provided by Integra Group and its affiliates. In addition it will assess the market and create opportunities for the dynamic and balanced development of the Group’s business in strategic regions of Azerbaijan, Kazakhstan, Uzbekistan, Ukraine and Turkmenistan. The main objective of the representative offices is to support Integraís business units, including those that are already represented in the region.

The representative offices will not conduct business; they will focus on representing the interests of Integra Group and its affiliates.

The CIS remains the priority region for Integra’s business and the opening of the representative offices is fully in line with the Groupís strategy.

Notes to editors:

Integra Group:

Integra Group is a leading Russian independent provider of onshore oilfield services and is also a leading manufacturer in the Russian Federation of drilling rigs with heavy lifting capacity, cementing equipment and certain specialized equipment utilized for the exploration and production of oil and gas.

Integra Group operates in the drilling, workover, seismic and geophysics sectors and manufactures oilfield services equipment.  Integra has oilfield services operations in all major oil and gas producing regions in Russia and in many other CIS countries. The company’s customer base includes major Russian and international oil and gas companies operating in Russia and CIS.

Established in March 2004, Integra Group has, through 16 strategic acquisitions, become one of the leading companies in the oilfield services and equipment manufacturing sectors of the Russian market and employs approximately 20 000 people.

Since February 27, 2007 Integra Group has been traded on the London Stock Exchange (symbol: INTE).
- ENDS -

For additional information please contact:

Integra Group

http://www.integra.ru

Andrei Machanskis, Head of Investor Relations

amachanskis@integra.ru

Tel. +7 495 933 0621

Alla Sapun, Press Secretary

asapun@integra.ru

Tel. +7 495 933 0621

Financial Dynamics

Jonathon Brill / Edward Westropp

 London

+44 20 7269 7170

Anna Shumaylova

Moscow

+7 495 795 0623

Forward looking statements: These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.