GCS expands its fleet of container flat-cars
News Release
Global Container Service (GCS) Ltd
April 27, 2012
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<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>The Global Container Service Group (GCS) has recently taken delivery
of the first batch of what will be a total of 224 rail flat-cars, each 80ft
long, which have been built </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>by Transmash in Engels, a city in the Saratov region of
Russia.</SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US> Delivery of the first 32 flat-cars should be completed during April
2012.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US></SPAN> </P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>The new flat-cars will be deployed in block trains operated by
Ruscon, a member of the GCS Group. As a multimodal specialist, Ruscon already
operates several regular intermodal services from the port of Novorossiysk to
principal destinations in the European part of Russia, including
Moscow.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"></SPAN> </P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>In addition to expanding its owned wagon fleet, GCS plans to increase
the number of long-term leased flat-cars operated by Ruscon to over 450
units.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>This new capacity will enable Ruscon to expand its block train
operations. Its most recent new service, launched last December, serves the port
of </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">Novorossiysk
and operates to the Tikhonovo intermodal terminal in Elabuga,
Tatarstan. Two trains per week each offer delivery of 56 to 64 x 40ft
containers to Elabuga with a fixed transit time from Novorossiysk to Tikhonovo
of four days. </SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">The
main commodity presently carried by Ruscon trains on this route consists of
shipments of CKD parts for car-assembly factories in Elabuga. Amongst the
international names with manufacturing joint venture facilities in Elabuga’s
special economic zone (SEZ Alabuga) are Ford, Isuzu, Voith Turbo, </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">Saint-Gobain,
</SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">Rockwool,
Air Liquide and </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">P-D
Fibreglass, part of the Preiss-Daimler Group.</SPAN></P>
<P style="BACKGROUND: white" class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>More trucks too</SPAN></B></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>Ruscon is also expanding its trucking fleet and has recently
</SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">commissioned
20 new MAN container trucks. This brings its owned truck fleet to over 100
units.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">The new
trucks will be dedicated to serving the company's key contract accounts in St
Petersburg and Novorossiysk.</SPAN></P></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.19222"></HEAD>
<BODY>
<DIV>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>The Global Container Service Group (GCS) has recently taken delivery
of the first batch of what will be a total of 224 rail flat-cars, each 80ft
long, which have been built </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>by Transmash in Engels, a city in the Saratov region of
Russia.</SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US> Delivery of the first 32 flat-cars should be completed during April
2012.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US></SPAN> </P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>The new flat-cars will be deployed in block trains operated by
Ruscon, a member of the GCS Group. As a multimodal specialist, Ruscon already
operates several regular intermodal services from the port of Novorossiysk to
principal destinations in the European part of Russia, including
Moscow.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"></SPAN> </P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>In addition to expanding its owned wagon fleet, GCS plans to increase
the number of long-term leased flat-cars operated by Ruscon to over 450
units.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>This new capacity will enable Ruscon to expand its block train
operations. Its most recent new service, launched last December, serves the port
of </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">Novorossiysk
and operates to the Tikhonovo intermodal terminal in Elabuga,
Tatarstan. Two trains per week each offer delivery of 56 to 64 x 40ft
containers to Elabuga with a fixed transit time from Novorossiysk to Tikhonovo
of four days. </SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">The
main commodity presently carried by Ruscon trains on this route consists of
shipments of CKD parts for car-assembly factories in Elabuga. Amongst the
international names with manufacturing joint venture facilities in Elabuga’s
special economic zone (SEZ Alabuga) are Ford, Isuzu, Voith Turbo, </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">Saint-Gobain,
</SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">Rockwool,
Air Liquide and </SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">P-D
Fibreglass, part of the Preiss-Daimler Group.</SPAN></P>
<P style="BACKGROUND: white" class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>More trucks too</SPAN></B></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt"
lang=EN-US>Ruscon is also expanding its trucking fleet and has recently
</SPAN><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">commissioned
20 new MAN container trucks. This brings its owned truck fleet to over 100
units.</SPAN></P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: black; FONT-SIZE: 12pt">The new
trucks will be dedicated to serving the company's key contract accounts in St
Petersburg and Novorossiysk.</SPAN></P></DIV></BODY></HTML>