OREANDA-NEWS. OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurant chain in Russia and CIS (Moscow Exchange MICEX-RtS ticker: ROST), announces its trading update for 1Q 2013.

1Q 2013 consolidated net operating revenue increased y-o-y by 0.2% to RUB 2,471 mln.

Gross revenue of comparable stores increased by 0.3%. The new menus launched during Q4 2012 have had a positive impact through 1Q 2013 stimulating a 1.9% increase of the LFL average spend. The same store transactions decline slowed to (1.5)% in 1Q 2013 compared to (2.7)% for the 4Q 2012 and (5.1)% for the 1Q 2012.

Our network includes 395 outlets as at March 31, 2013: 367 casual dining restaurants and 28 Costa Coffee shops. In 1Q 2013 we closed 13 corporate stores which did not reach the level of profitability targeted in their recovery plan. Our corporate store portfolio management policy is aligned with our strategic objective of returning our business to profitability.

Consolidated Net Operating Revenue Performance (’M RUB)

1Q2013

1Q2012

Change

2,471

2,465

0.2%

Same-Store Sales Growth dynamics (RUB)

Gross Revenue

Average Check

Number of Transactions

1Q2013

1Q2013

1Q2013

0.3%

1.9%

(1.5)%

Number of Stores, eop

Mar 2013

Dec 2012

Mar 2012

Dec 2011

Corporate

267

279

250

255

Franchise

128

129

132

127

Total

395

408

382

382