Events

JSC "The Seventh Continent" (further referred to as the Company) August 2009 trade sales in ruble terms increased 4% YoY.

Based on management accounts the Company's August 2009 gross retail sales[1] reached 3 675 mn. rubles or USD 116 mn, for 8M 2009 gross retail sales reached 31 300 mn. rubles or USD 958 mn.

As of the end of August 2009 the selling space of the Company's stores under the brands "The Seventh Continent" (supermarkets), "Nash Hypermarket" ("Our Hypermarket") and "Prostore" accounts for 177.2 th. sq. m. and increased 5% 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" August 2009 trade sales in ruble terms increased 4% 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 August 2009 the Company has stores in Moscow and Moscow region (120 supermarkets and 4 hypermarkets), in Kaliningrad region (10 supermarkets), 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,