Rosinter Posts 13.6% YoY Growth of Operating Revenue in 1Q

OREANDA-NEWS. April 15, 2010. OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurants chain in Russia and CIS (RTS and MICEX ticker: ROST), announces its trade update for March 2010 and 1st Quarter 2010. The release is published at www.rosinter.com.

Q1 2010 Highlights

• Consolidated net operating revenue of restaurants and canteens increased 13.6% in ruble terms as compared to the same period of previous year;

• Gross revenue of comparable stores (SSSG) grew by 2.6% on the back of 4.3% traffic increase.

March 2010 Highlights

• Consolidated net operating revenue of restaurants and canteens increased by 18.1% in ruble terms as compared to March 2009;

• Gross revenue of comparable stores (SSSG) grew by 7.3% on the back of 9.1% traffic increase.

Debt portfolio decreased by 24.4% to M RUB 1,659 (US\\$56.5 million) while simultaneously short-term debt component was reduced to 38.9%.

Sergey Beshev, President and CEO, commented:

“We are very satisfied with the growth dynamic of our Operating Revenue in 2010 which -supported by an important component of increased guest traffic- showed 13.6% and 18.1% Y-o-Y Ruble growth in Q1 and March 2010, respectively. As a result of our stronger revenue base and of our successful SPO we have reduced our financial debt portfolio by 24.4% improving simultaneously its maturity profile. Our strengthened financial position and our continued focus on building guest traffic and loyalty will allow us to benefit better from market recovery and growth opportunities in 2010. As a final note, we are pleased to inform that we will be releasing monthly trading updates and reporting our financial performance on a quarterly basis since March 2010”.