OREANDA-NEWS. On August 16, 2007 OJSC "Magnit" (the “Company”; RTS: MGNT), Russia’s leading retail chain in terms of number of stores and customers, released its 7M07 results, reported the press-centre of OJSC "Magnit":

http://www.magnit-info.ru/eng/investor_relations/press-releasse_and_presentations/data/files/Press-Release-7M07-16JAug-eng.pdf 

During 7M07 the Company opened 136 stores (net) with its total store base reaching 2 029 stores at the end of this period. Preliminary consolidated net retail revenue in 7M07 increased by 44,14% in ruble terms (compared to 7M06) and stood at 50 141,03 million rubles. Net retail sales in dollars increased by 52,44% YoY and stood at USD 1 928,59 million.