UNITED ENERGY GROUP PLC 
By Corporate News
Government of Republic of Srpska Passes 2nd Tender for Strategic Partner Selection for Hydroelectric Project the Upper Drina river system
Haslemere, United Kingdom - June 28, 2011 - Today, the Government of the Republic of Srpska published its second tendering process that will serve as basis for the selection of a strategic partner for the realisation of the hydroelectric projects on the Upper Drina river system. Eligible companies have time until July 28, 2011 to submit their bids.
'The second broad-based tender will finally bring a lengthy process that plays a vital role for our Southeast Europe strategy to a speedy conclusion,' said Dr. Rolf Haferkamp, CEO of United Energy Group. 'Even though a final decision is not to be expected before August this second tender has enormous significance as foundation for a successful long-term collaboration.'
Overall, the idea is to realise, together with the strategic partner, four hydroelectric projects on the Upper Drina with a total investment volume of approximately 500 million Euros. The projects would install a total output of up to 250 MW, able to generate around 800 GWh of electricity per year. 'This equals about 15% of the total generated volume of the state-owned ERS, and illustrates the enormous economic significance of the hydroelectric project Upper Drina.'
For more information please go to: http://www.vladars.net/eng/Documents/Invitation%20-%20Project%20hydro%20power%20system%20of%20Upper%20Drina.pdf
United Energy Group plc
United Energy Group plc is an independent listed energy company. Formed in 2006, the company focused initially on the area of energy production. During the past two years, UEG underwent substantial redevelopment, and operates now in the business areas of Energy Consulting, Energy Trading, and Energy Investments. The company has thereby responded to global market trends as it seeks to make a significant contribution to the energy supply sector, and to help meet the growing energy needs worldwide.Forward-Looking Statements
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