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Friday 12 June, 2009

Artumas Group Inc.

Bondholders' Call - June 15, 2009





A group of bondholders holding more than two-thirds of the bonds
issued by the Company (the Ad Hoc Group) have been in discussions
with the Company with the aim of implementing a restructuring
proposal. The terms of the Counter Proposal were announced on 10 June
2009 (the Counter Proposal) as part of the Summons to Bondholders'
Meetings.

In relation to the Counter Proposal, the Ad Hoc Group, together with
their advisors, will hold a conference call for the benefit of all
bondholders. The Ad Hoc Group will present the key terms of the
Counter Proposal and provide the Bondholders with an opportunity to
ask questions.

The dial in details for the call are:

Day:  Monday - 15/June/09
Time:  16:00 (GMT)
UK Dial-in Number: 0800 279 9518
Global Access Number:   +44 (0) 20 7107 9450
Participant Code:     0120501#

We encourage all bondholders attend the call.  A presentation will be
distributed separately to bondholders.  The advisors to the Ad Hoc
Group will be available to discuss the presentation with bondholders
during the call.

Gleacher Shacklock is representing the Ad Hoc Group as financial
advisor and Brown Rudnick is representing the Ad Hoc Group as legal
advisor.

Contact Details

Gleacher Shacklock

Dorian Lowell (dorian.lowell@gleachershacklock.com /
+44-207-484-2177)
Deniz Akgul (deniz.akgul@gleachershacklock.com / +44-207-484-2171)

Brown Rudnick
Louise Verrill (lverrill@brownrudnick.com/ +44-207-851-6072)
Adam Penny (apenny@brownrudnick.com/ +44-207-851-6012)


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.




 
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