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Integra brochure
(pdf - 1.6 mb)


December 20, 2007

Integra Group appoints Mark Sadykhov as Board Director


20 December 2007, Moscow. Integra Group announces today that Mark Sadykhov has been elected as a new member of the Board of Directors. Mr. Sadykhov, 47, is currently Executive Vice-President overseeing oilfield services segment of Integra Group. The Board of Directors has been expanded to seven members, five of which are non-executive Directors.

Mark Sadykhov was one of the founders of Smith Eurasia Group and managed this business for thirteen years until it merged with Integra in 2006. Before founding Smith Eurasia, Mr. Sadykhov held various engineering and management positions at Surgutneftegaz and Smith International Inc. (Houston, USA). Ěark Sadykhov is a graduate of Azizbekov Azerbaijan Oil and Chemistry Institute.

Commenting on the election, Integra’s Board Chairman John Fitzgibbons said:

“Mark has a wealth of management experience and profound knowledge of the industry which allowed him to build Smith Eurasia Group into a leading high-tech service provider with a solid reputation and client base. Mark’s contribution to development of Integra will, undoubtedly, be strengthened by his presence on the Board.”

Notes to editors

About 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 used in the exploration, development 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).
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.