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Integra brochure
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August 30, 2012

Integra Group appoints Steven Dashevsky as Non-executive Director

Integra Group (LSE:INTE) announces that Steven Dashevsky has been elected a member of the Group’s Board of Directors. He will fill the vacancy created after Robert Maguire resigns from the Board. Mr. Dashevsky, 38, has been in investment and brokerage business for the past fourteen years and is currently a founding partner in his own investment boutique Dashevsky and Partners.

Mr. Dashevsky has been also appointed to the Company’s Audit and Compliance Committee. The Board’s appointment of Mr. Dashevsky to the Board of Directors will be subject to re election at the next shareholders’ meeting to occur later in 2012.

Commenting on Mr. Dashevsky’s election, Integra’s Board Chairman John Fitzgibbons said:

“We are pleased to welcome Steven to the Board. Steven's extensive knowledge of the Russian oil industry, combined with his capital markets experience, will add value to Integra's Board. We are grateful to Bob Maguire for his contribution to the Board over the past five years and wish him success in his future endeavors.”

Note to editors

Biography of Steven Dashevsky:
Steven Dashevsky, 38, began his career with Aton Capital, a leading independent Russian investment bank, in 1998. Since May 2002, Mr. Dashevsky served as Managing Director, Head of Research of Aton Capital and following the acquisition of Aton Capital by UniCredit Group, since July 2007 Mr. Dashevsky served as Managing Director, Head of Equities, UniCredit Securities, being responsible for all equity sales, trading, research and derivative activities of UniCredit Group in Russia.  In July 2009, Mr. Dashevsky resigned his position with UniCredit Group to develop his own investment boutique business Dashevsky and Partners Limited, and to become an Advisor to Dean of Skolkovo School of Management, a leading Russian business school. Mr. Dashevsky graduated from Baruch College of The City University of New York in December 1996 with Cum Laude honors, having majored in Finance and Investments. In 1999, Mr. Dashevsky completed the Chartered Financial Analyst (CFA) Program and received the CFA designation.

Integra Group is a diversified oilfield services provider and is also a manufacturer of specialized equipment used in the exploration, development and production of oil and gas. Integra operates in all major oil and gas producing regions in Russia and in many other CIS countries, where its customer base includes major domestic and international oil and gas companies. Since establishment in 2004, Integra Group has, through 18 strategic acquisitions, become one of the leading companies in the oilfield services and equipment manufacturing sectors of the Russian and CIS market. Integra Group owns a 36% stake in IGSS – a land seismic operator, with a leading position in the Russian and CIS markets. Integra Group employs nearly 10,000 people. Since February 27, 2007 Integra Group has been traded on the London Stock Exchange (symbol: INTE).

Contacts
  
Integra Group  
Andrey Machanskis 
Head of Investor Relations 
Tel. +7 495 933 0621
amachanskis@integra.ru

  
Forward looking statements: Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Integra Group. You can identify forward-looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “intend”, “will”, “could”, “may” or “might”, or the negative of such terms or other similar expressions. These statements are only predictions and actual events or results may differ materially. Integra Group does not intend to or undertake any obligation to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in Integra Group’s projections or forward-looking statements, including, among others, general economic and market conditions, Integra Group’s competitive environment, risks associated with operating in Russia, rapid technological and market change, and other factors specifically related to Integra Group and its operations.