OREANDA-NEWS. July 30, 2008.  OJSC “Company “M.video” (RTS, MICEX: MVID) announces the release of its audited consolidated financial statements for the year ended December 31st, 2007 prepared in accordance with International Financial Reporting Standards (IFRS).

The management of OJSC “Company “M.video” will give a conference call and webcast followed by Q&A session on Thursday, July 31, 2008 at 6.00 p.m. Moscow time (3.00 p.m. London time, 10.00 a.m. New-York time).

The management team will be represented by the Company’s CEO Mr. Alexander Tynkovan, Mr. Chris Parks, CFO, and Mr. Denis Davydov, IR Director.

Dial-in numbers to access the conference call are as follows:

+44 20 7806 1963 (UK Toll)
0800 028 1299 (UK toll free)
8 10 800 2545 1012 (Russia toll free)

Confirmation Code: 1482213. Participants will have to quote the above code when dialing into the conference.

The webcast will be available live and in one hour after the conference following the link:

http://www.thomson-webcast.net/de/dispatching/?event_id=d7507bc8067a99b6bc3c186c1794782c&portal_id=9457a201efc09509f34529fe6e96d71a or via http://invest.m-video.ru.

The conference call will be held in English.

To help ensure the conference begins in a timely manner, we kindly ask all participants to dial in 5 to 10 minutes prior to the scheduled start time.

The conference call recording will be available at +44 20 7806 1970, confirmation code 1482213# till 21.00 Moscow time of August 13th, 2008. Shortly after the conference, webcast recording will be available for downloading at http://invest.m-video.ru

OJSC “Company “M.video” audited consolidated financial statements for the year ended December 31st, 2007 prepared in accordance with IFRS along with the presentation slides will be available in the Company’s website under “Financial Statements” on the day the call and webcast will be held.