OREANDA-NEWS. DIXY Group (RTS, MICEX: DIXY) - one of Russia’s leading retailers of foods and everyday products - today announced retail revenue growth of 21.1% in Russian rubles (23.2% in USD) for the first two months of 2013 and revenue growth of 20.2% in Russian rubles (19.1% in USD) in February 2013.

In February 2013, DIXY Group retail revenue increased to RUR 13.5 billion (USD 448.5million) by 20.2% in RUR (19.1% in USD) year-on-year.

For the first two months of 2013, DIXY Group retail revenue increased to RUR 26.8 billion (USD 885.8 million) by 21.1% in RUR (23.2% in USD) year-on-year.

Please, note that there were 28 days in February 2013 compared to 29 days in February 2012. The one day difference affected the Company’s retail revenue growth by 3.6% in February 2013 compared to February 2012 and by 1.7% for the first two months of 2013 vs. the first two months of 2012.

Thus, adjusted retail revenue growth was 23.8% in rubles in February 2013, and 22.8% in rubles for the first two months of 2013 year-on-year.

DIXY Group Retail Revenue by Division, year-on-year

in RUR thousand

Feb 2013

Feb 2012

A%

2M 2013

2M 2012

A%

DIXY Division

10,437,717

6,933,254

50.5%

20,534,324

13,520,036

51.9%

DIXY neighborhood stores

10,437,717

6,933,254

50.5%

20,534,324

13,520,036

51.9%

Victoria Division

1,947,077

3,330,331

(41.5)%

3,955,734

6,616,305

(40.2)%

Supermarkets

1,518,620

1,285,463

18.1%

3,057,729

2,523,798

21.2%

Neighborhood stores

366,727

1,973,929

(81.4)%

769,817

3,953,455

(80.5)%

CASH

61,730

70,939

(13.0)%

128,188

139,052

(7.8)%

Megamart Division

1,142,319

992,686

15.1%

2,272,322

1,961,000

15.9%

MegaMart

898,217

793,886

13.1%

1,781,014

1,562,935

14.0%

MiniMart

244,102

198,800

22.8%

491,308

398,065

23.4%

DIXY GROUP TOTAL

13,527,113

11,256,271

20.2%

26,762,380

22,097,341

21.1%

in USD thousand

Feb 2013

Feb 2012

A%

2M 2013

2M 2012

A%

DIXY Division

346,063

232,006

49.2%

679,672

440,001

54.5%

DIXY neighborhood stores

346,063

232,006

49.2%

679,672

440,001

54.5%

Victoria Division

64,556

111,443

(42.1)%

130,933

215,323

(39.2)%

Supermarkets

50,350

43,015

17.1%

101,209

82,135

23.2%

Neighborhood stores

12,159

66,053

(81.6)%

25,480

128,663

(80.2)%

CASH

2,047

2,375

(13.8)%

4,244

4,525

(6.2)%

Megamart Division

37,873

33,218

14.0%

75,212

63,820

17.9%

MegaMart

29,780

26,566

12.1%

58,950

50,865

15.9%

MiniMart

8,093

6,652

21.7%

16,262

12,955

25.5%

DIXY GROUP TOTAL

448,492

376,667

19.1%

885,817

719,144

23.2%

Revenue Disclosure Annotations:

• Retail revenue numbers disclosed in the press-release are based on internal management reports and have not been audited.

• Retail revenue numbers do not include VAT.

• Retail revenue numbers do not include retail other revenues from subleases and wholesale revenues.

• The following official exchange rates of the Central Bank of Russian Federation were used to convert Russian Rubles to US dollars:

2012

2013

Average February, RUR/USD

29.8839

30.1613

Average the first two months RUR/USD

30.2121

30.7273

• Retail revenue of DIXY neighborhood stores increased to RUR 10.4 billion (USD 346.1 million) by 50.5% in RUR (49.2% in USD) in February 2013 compared to February 2012. The growth was driven mainly by DIXY chain strong organic expansion, and helped by transferring ex-Victoria neighborhood stores into DIXY banner in 2012.

• Retail revenue of Victoria Division decreased to RUR 1.9 billion (USD 64.6 million) in February 2013 from RUR 3.3 billion (USD 111.4 million) in February 2012. This decline was caused mainly by Victoria neighborhood stores transfer into DIXY banner in 2012, which led to the reduction of the neighborhood stores number in Victoria Division to 43 stores in February 2013 from 199 stores in February 2012. As a result, retail revenue from Victoria neighborhood stores decreased year-on-year by 81.4% in RUR (81.6% in USD) to RUR 366.7 million (USD 12.2 million) in February 2013.

In February 2013, retail revenue from Victoria supermarkets amounted to RUR 1.5 billion (USD 50.4 million), demonstrating 18.1% growth in RUR (17.1% in USD).

Retail revenue from cash&carry store CASH amounted to RUR 61.7 million (USD 2.0 million) in February 2013 compared to RUR 70.9 million (USD 2.4 million) in February 2012.

• Retail revenue of Megamart Division increased to RUR 1.1 billion (USD 37.9 million) by 15.1% in RUR (14.0% in USD) year-on-year in February 2013. The growth was driven mainly by MegaMart compact hypermarkets retail revenue, which increased to RUR 898.2 million (USD 29.8 million) by 13.1% in RUR (12.1% in USD). MiniMart stores retail revenue increased to RUR 244.1 million (USD 8.1 million) by 22.8% in RUR (21.7% in USD).