OREANDA-NEWS. On 20 March 2009 was announced, that JSC “The Seventh Continent” (further referred to as the Company) February 2009 trade sales in ruble terms increased 8% YoY.

The growth in sales in ruble terms in the hypermarket format for February 2009 reached 40%. The growth in regional sales in ruble terms for February 2009 reached 16% YoY.

Based on management accounts the Company’s February 2009 gross retail sales[1] reached 3 586 mn. rubles or USD 100 mn.

As of the end of February 2009 the selling space of the Company’s stores under the brands “The Seventh Continent” (supermarkets), “Nash Hypermarket” (“Our Hypermarket”) and “Prostore” accounts for 182,3 th. sq. m. and increased 14% compared with the same period of 2008.

During February 2009 the Company opened 1 store in the hypermarket format “Nash hypermarket” (Our hypermarket) in Moscow (address: Dmitrovskoe highway, building 163 “A”). Total selling space of the opened hypermarket is about 10,500 th. sq. m. The floor space of the hypermarket will be owned by the Company.