KYIV, UKRAINE — AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the «Company» or «AVANGARDCO IPL»), the largest producer of shell eggs and egg products in Ukraine and number one producer in Eurasia, confirms that the Company’s operations and financial results will not be affected by the recent developments in Cyprus. AVANGARDCO IPL would like to provide reassurance that it has no exposure to the proposed levy on deposits in Cyprus and that it has no bank deposits and other accounts in any of the Cyprus Banks.

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AVANGARDCO INVESTMENTS PUBLIC LIMITED AVANGARDCO CONFIRMS IT HAS NO BANK DEPOSITS IN CYPRUS 
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