Events

JSC "The Seventh Continent" April 2009 trade sales increased 21% YoY. JSC "The Seventh Continent" (further referred to as the Company) April 2009 trade sales in ruble terms increased 21% YoY.

Based on management accounts the Company's April 2009 gross retail sales[1] reached 4 342 mn. rubles or USD 130 mn, for 4M 2009 gross retail sales reached 15 809 mn. rubles or USD 467 mn.

Like-For-Like sales (LFL) increased 12.3%. number of customers (LFL) growth 5.4%, average ticket (LFL) has grown 6.6%.

As of the end of April 2009 the selling space of the Company's stores under the brands "The Seventh Continent" (supermarkets), "Nash Hypermarket" ("Our Hypermarket") and "Prostore" accounts for 181.5 th. sq. m. and increased 9% compared with the same period of 2008.

[1] The sales figure includes gross retail sales including VAT and does not include other revenues

JSC "The Seventh Continent" April 2009 trade sales increased 21% YoY.

About the Company:

JSC "The Seventh Continent" was established in 1994 and today is an international retail chain and one of the leading Russian national chains. The Company operates in two major formats: supermarkets and hypermarkets. As of the end of April 2009 the Company has stores in Moscow and Moscow region (118 supermarkets and 4 hypermarkets), in Kaliningrad region (10 supermarkets), in St-Petersburg (1 hypermarket), in Ryazan (1 hypermarket), Chelyabinsk (1 hypermarket) in Minsk, Belorussia (1 hypermarket), in Perm (1 supermarket and 1 hypermarket) and in Yaroslavl (1 hypermarket).
According to the audited financial statements, prepared in accordance with International Financial Reporting Standards, in 2007 total revenues of the Company were USD 1 272.9 mn., net income USD 99.2 mn.

For further information please contact us:
- www.7cont.ru
- tel.: +7(495) 933-43-63, ext. 35 31,
e-mail: pressa@7cont.ru