HMS Group to produce equipment for Integra

Sibneftemash, a subsidiary of HMS Group, signed a contract with Integra-Services- the oilfield services division of Integra Group of Companies for production and delivery of equipment for a capital workover operations.

The equipment lot includes mobile cement bulk storage ZT-40, cement truck ZT-25 and mobile complex operated for dry mixture preparation and for cement distribution.

Sibneftemash focuses on the special oilfield equipment development, design and manufacture for oil exploration intensification and efficiency; current and work over repairs, isolation works and fracturing. In 2011 Sibneftemash has already delivered to this customer a lot of corresponding equipment.

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. The Group reported revenues of RUB 20 billion, adjusted EBITDA of RUB 4.4 billion and profit for the period of RUB 3 billion for the nine months ended September 30, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.