UNR Holdings, Inc.: UNR Holdings Completes Phase II of ~$525 Million Nemchinovka Development (Market Wire)

ORLANDO, FL (MARKET WIRE) UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the
"Company"), a commercial and residential development company, today announced
that it has recently completed construction on Phase II of its Nemchinovka
development which will be valued between $525 Million on the low end to $735
Million on the high end based on current real estate values.

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