OREANDA-NEWS. On 04 August 2008 Dorodobuzh (a part of Acron Group, RTS and MICEX: DGBZ and DGBZP), announced its results for the 1H 2008.

JSC Dorogobuzh Financial Highlights:

•  Revenues reached RUR 5,722 million or US\\$ 239 million (1H 2007: RUR 3,654 million or US\\$ 140 million);

• EBITDA* increased to RUR 2,599 million or US\\$ 109 million. (1H 2007: RUR 920 million or US\\$ 35 million);

•  EBITDA margin was 45 % up from 1H 2007 of 25% ; and

• Net profit increased to RUR 2,142 million or US\\$ 90 million. (1H 2007: RUR 603 million or US\\$ 23 million);

*EBITDA is calculated as operating profit plus depreciation and amortization.

Note: Average exchange rate was US \\$ 1 to RUR 23.9184 in 1H 2008 and US \\$ 1 to RUR 26.0714 in 1H 2007

To find JSC Dorogobuzh financial statements for 1H 2008, please, visit http://www.acron.ru/?pt=181