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Institutional Analyst Inc. Initiates Coverage on UNR Holdings

(May 22, 2012)

MOSCOW and NEW YORK, NY -- (Marketwire) -- 05/22/12 -- UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company"), a leading commercial and residential real estate development and construction company, operating principally in the city of Moscow and its suburban communities, today announced that Institutional Analyst Inc. will be providing ongoing coverage for the company and the company has been added to Institutional Analyst's Special Situation Research Watch List.

A 14 page report is now available on IA's Special Situation Research website at http://iaspecialsituationresearch.ning.com/

UNR Holdings CEO Alexey Kim stated, "We are pleased to have retained and have coverage provided for us by Institutional Analyst Inc. (IA), which is one of the most respected and successful firms providing coverage on Wall Street, for smaller publicly traded companies. IA has an impressive track record for finding undiscovered companies and has a broad audience of both individual and institutional investors, who we believe would have keen interest in following our progress, as UNR continues to achieve significant business and financial growth throughout 2012." Mr Kim added, "It is equally important to have a US based research provider of IA's caliber report on our progress to our current shareholder base in the United States, as well to our shareholders residing in Moscow. We will be making available for release, their initial report translated into Russian."

IA's Special Situation Report (IASSR) is part of Institutional Analyst's industry specific research efforts including the Internet Stock Review, the Internet Security Stock Review, the Biotech Stock Review, the Private Equity Review and the Restaurant Stock Review among others. IA's Special Situation Research was launched in February of 2009 to take advantage of opportunities independent of industry classification and has a "go anywhere" value is identified approach, to selection. The top five performing Watch List companies since launch are*:


Inventure Foods, Inc (Nasdaq) $1.07 to $6.44 up 501%
VirnetX Holdings Corp. (ASE) $6.50 to $29.89 up 359%
Vertex Energy, Inc (OBB) $0.40 to $1.75 up 337%
Abiomed, Inc (Nasdaq) $6.10 to $24.14 up 295%
Loopnet (Berlin Stock Exchange) $6.94 to $19.50 up 182%

"UNR Holdings is quite possibly the most undervalued company, on currently reported fundamentals, which we have ever initiated coverage on," stated Roland Rick Perry, Editor of Research. "When value investors speak of having a preference for single digit price-to-earnings, they're typically referring to companies with a PE ratio of 8 or 9. In our thirty-five years on Wall Street, we don't think we ever reported on, or even come across a company with a PE ratio of 1.4 times earnings, in addition to trading at a level under book value and under cash and marketable securities, which approximated $52.3 million, as reported in its most recent filing 10Q filing on 3/31/2012. For the year just ended, the company reported revenues of $230 million and earnings of $26.4 million or $1.08 per share, versus a current stock market value just shy of $38 million."

"Equally impressive has been the UNR's recent and continuing growth rate despite a difficult market," he added. "UNR reported sales of $61 million for the year ending 2009, $107 million for 2010 and $230 million for 2012. Earning over the identical time-period were $11.8 million, $16.1 million and $26.4 million respectively. As such, the shares of UNR Holdings in our opinion have potential appeal to growth investors as well and we are excited to have the opportunity to report on the company and its progress as it continues to close sales on its completed projects and begins construction on new projects."

Mr Perry also noted a recent article from "Russia Beyond The Headlines" published by Rossiya Gazetta, one of Russia's leading business journals, where it was reported that the real estate market after a two year hiatus has started to move again. It reported that according to analysts with Alfa Bank, the volume of new construction first started accelerating unexpectedly last July, rising by 17.6 percent. The uptick was reported to have primarily been driven by new residential projects coming onto the market and companies restarting work on unfinished buildings. In the same article, it stated Russia's Mortgage Agency (AIZhK) said the number of mortgage and housing loans would nearly triple to 741,000 loans by 2015 and to 868,000 in 2020. Roland Nash of Verno Capital additionally stated the big difference between Russian and America real estate is that unlike America, there is a huge shortfall of supply in Russia and that in order to meet the pent-up demand in Russia, the size of Moscow would have to double.

To receive a copy of the report visit: http://iaspecialsituationresearch.ning.com/

About Institutional Analyst

The Internet Stock Review and IA's Special Situation Research are part of Institutional Analyst's (IA) equity research division. Institutional Analyst is an investor relations and investment research firm with offices in Chicago, IL; Delray Beach, FL and Port Jefferson, NY. IA is a leading publisher of news, perspective and market intelligence reports on the equity markets. Working with publicly traded corporations, the firm seeks to represent small-cap companies that have products or services which can be defined as "best of breed." To align itself with shareholders, it typically seeks to have 90% of its retainer represented by an equity stake in its client companies. IA has been compensated with one hundred thousand restricted shares for a one-year investor relations engagement. *Past performance is no indication of future performance.

About UNR Holdings Inc.

UNR Holdings is a U.S. holding company that has a 67% controlling interest in its Russian subsidiary, 494 UNR, which is engaged in the development and construction of real estate projects in high-density urban areas of the Russian Federation, principally in Moscow and its suburban communities. 494 UNR also supplies and oversees the installation of its proprietary road and slopes-stabilization material, Prudon-494, to infrastructure projects in various parts of Russia.

The company also provides the Russian government with infrastructure services for leading oil and gas corporations such as GAZPROM and TRANSNEFT. 494 UNR is one of the most established and highly regarded development and construction companies located and operating in Moscow and the greater Moscow area of the Russian Federation.

Forward-looking statements

The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

Contact:

Investor Relations
Jon Cunningham
RedChip Companies, Inc.
Tel: +1-800-733-2447, Ext. 107
jon@redchip.com
http://www.redchip.com


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