OREANDA-NEWS. On June 20, 2007 OJSC "Magnit" (the “Company”; RTS: MGNT), Russia’s leading retail chain in terms of number of stores and customers, released its 5M07 results, reported the press-centre of  OJSC "Magnit".

During 5M07 the Company opened 91 stores (net) with its total store base reaching 1 984 stores at the end of this period. Preliminary consolidated net revenue in 5M07 increased by 45,97% in ruble terms (compared to 5M06) and stood at 35 096,91 million rubles. Net sales in dollars increased by 55,19% YoY and stood at USD 1 344,40 million.

Key Operating and Financial Highlights for May 2007 You may sea here:
http://www.magnit-info.ru/eng/investor_relations/press-releasse_and_presentations/data/files/Press-Release-5M07-20Jun-eng.pdf