OREANDA-NEWS. January 5, 2010. OJSC Rosinter Restaurants Holding (Rosinter) announces that Alexander Roslavtsev is stepping down from his position as Chief Financial Officer effective January 1, 2010 in order to pursue other career opportunities.

Vladimir Mekhrishvili, member of our Board of Directors and Senior Vice President for Finance and Administration of Rostik Group will be overseeing our financial team until a new CFO is appointed.

The Board of Directors highly values Alexander’s contribution to the company. During his four years in Rosinter, he consolidated a strong Finance team, modernized the Company’s financial structure and increased efficiency of cash flow management. In addition, during this period Alexander took part in important strategic projects including our successful IPO and the set-up of financial hubs in the Regional Business Unit.

Our Board members, the top management team and other colleagues wish Alexander continued professional success and personal happiness.