Subsequent Events

9 Months Ended

Sep. 30, 2012

Subsequent Events

18. SUBSEQUENT EVENTS

In October 2012 Russian Alcohol signed new agreements with multiple banks, related to its bank guarantees. As a result of new agreements signed, guaranteed limit decreased by 1.2 billion Russian rubles ($39.9 million) to 21.5 billion Russian rubles ($695.6 million).