St. Petersburg, Russia, January 25, 2012. - MAN Truck & Bus AG considered the five Russian regions - Moscow, Kaluga, Smolensk, Nizhny Novgorod and St. Petersburg - for a potential production site. MAN have chosen the industrial and warehouse Unipack terminal (a part of PAN investment company) located in St. Petersburg. MAN will invest a sum of around 25 million euros in the construction of its plant which will be commissioned in 1H 2012. In the medium term, a production capacity of approximately 6,000 vehicles a year is planned both for the domestic Russian market, as well as for the countries inside the Customs Union with Russia.

Industrial and warehouse A Grade Unipack complex is closely located to the Ring Road and the major city roads - Moskovskoye shosse and Sofiyskaya Ulitsa. High power supply performance necessary to run large-scale production is a distinctive feature of the complex. MAN placement in the Unipack complex carries on an industrial zone Shushary forming tendency as an automotive cluster. Automotive assembly plants GM and Toyota are situated nearly. In addition to MAN, in Shushary operates Swedish Scania plant that organizes the enlarged truck assembly. Thus, the cooperation of the two brands on one production site (MAN and Scania are the subsidiaries of Volkswagen AG) reflects the company's strategic plans to form the largest in Europe truck production. This fact confirms the growth of the truck market. MAN also plans to expand the site in St. Petersburg in order to develop cooperation with the local suppliers.

Colliers International acted as an exclusive transaction consultant and represented both the owner`s and the tenant`s interests.

Lars Himmer, managing director of MAN Truck & Bus in Russia:

«Russia has huge growth potential and plays a central role in our internationalisation strategy. The factors in favour of St. Petersburg were above all its good infrastructure and the developing automobile industry. We will be installing our production line in an already-existing building, which saves us a lot of construction and run-up time».

Venera Lauhina, warehouse & industrial property director of Colliers International St. Petersburg:

«The plant placement in the warehouses tends to continue in St. Petersburg market. The lack of the commissioned quality industrial parks, a long process of the built-to-suit objects construction and many other reasons favour this tendency development. The second in St. Petersburg global automotive giant placement represents the investment attractiveness of the region. We are pleased to act as consultant of such a significant transaction for our market».

Vladislav Ryabov, warehouse & industrial property director of Colliers International Moscow:

«MAN`s trucks production placement in the Russian market in 2011 shows the high potential of Russia despite the unstable economic situation in Europe. We are pleased that we were able to implement assistance in the optimal solution selection for this strategic project».

About the companies

MAN Truck & Bus AG

MAN Truck & Bus AG is one of the leading global truck producer and a major subsidiary of MAN Group. MAN implements the trucks of various capacity, various types of buses, as well as engines and parts production. MAN has confirmed the leading position by increasing its market share in Russia. Today, the company occupies 32% of roaring trucks weighing more than 6 tons being imported from Europe market, and more than 50% of the bus over 12 meters length market.

Unipack

Unipack is an industrial and warehouse complex and a part of PAN investment company (Peterburgskoye Agentsvo Nedvizhimosty). The terminal in Shushary consists of three independent units with 20,725 square meters area of each one. Each unit is a set of technical, office and mezzanine storage space. The terminal provides the truck parking, as well as the low-tonnage and passenger vehicle parking.