KYIV, UKRAINE – AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the “Company” or “Avangard”), the leading producer of shell eggs and egg products in Ukraine, announces the completion of USD 200 million 10% Notes issue due 29 October 2015 (the “Notes”).

The Notes have been admitted to the official list of the UK Listing Authority and to trading on London Stock Exchange plc's regulated market with effect from 1 November 2010.

The Company intends to use certain of the net proceeds to repay approximately USD 170 million of its indebtedness, including all indebtedness owed to Public Joint-Stock Company “Commercial Bank “Finansova Initiatyva”; and to use remaining net proceeds, together with funds from other sources, including the operating cash flows and proceeds from other loans, to expand the operations of its Imperovo egg processing plant.

J.P. Morgan and Troika Dialog acted as Joint Bookrunners and Joint Lead Managers of the issue.

Nataliya Vasylyuk, Chief Executive Officer of Avangard, said:

«We are pleased with the outcome of this bond transaction which allows us to optimise our debt structure and provides funding for further expansion of our egg products business segment».