OREANDA-NEWS. On 28 August 2009 Dixy Group – one of the leading food retailers in the Russian Federation - announced revenue growth of 16% in Russian ruble (-16% in US dollar terms) for the first seven months of 2009 ended 31 of July, 2009 over the same period in 2008.

Dixy Group’s total revenue for the first seven months of 2009 was RUR 31 172 million, a 16% increase compared to RUR 26 982 million for the first seven months of 2008.3 In USD terms revenue totalled 949.1 million, a 16% decrease compared to USD 1 131.0 million for the same period in 2008.

Retail revenue from Dixy for the first seven months of 2009 was RUR 26 029 million (USD 792.6 million), which represents a 13.1% increase in RUR (17.9% decline in USD) over the same period last year.

Retail revenue from Megamart for the first seven months of 2009 was RUR 3 511 million (USD 106.9 million), which represents a 33.8% increase in RUR (2.8% decline in USD) over the same period last year.

Retail revenue from Minimart for the first seven months of 2009 was RUR 1 163 million (USD 35.4 million), which represents an 18.3 % increase in RUR (14.0% decline in USD) over the same period last year.

Retail revenue from VMart for the first seven months of 2009 was RUR 68 million (USD 2.1 million).

Revenue from other activities, such as marketing revenue, sublease income and wholesale revenue amounted to RUR 400 million (USD 12.2 million).

The following exchange rates were used for converting Russian Rubles to US dollars:

Exchange Rate according to CBR4

2008

2009

Average (7 months), RUR/USD

23.86

32.84

Key operating and financial data for the seven months ended July 31, 2009:

At the end of

31 July 2009

31 July 2008        Growth

Number of stores

4935

4096                    21%

Net Selling space (sq.m.)

192 920

158 951              21%

For the 7-month period ending

31 July 2009

31 July 2008        Growth

Revenue (mln. RUR)

31 172

26 982               16%

Revenue (mln. USD)

949.1

1 131.0              -16%

Store openings

21

26                 -20%

Dixy

21

22                  -5%

Megamart

0

1                    NA

Minimart

0

0                    NA

VMart

0

3                    NA