Empresas y finanzas

Rosinter Restaurants Holding Announces the Unaudited Interim Financial Results for the First Six Months Ended June 30 2007 and its Trade Update for Third Quarter 2007



    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES,
    AUSTRALIA, CANADA OR JAPAN

    OJSC Rosinter Restaurants Holding (Rosinter), the leading casual
    dining restaurants chain in Russia and CIS (RTS:ROST), announces its
    unaudited interim financial results for the six months ended 30 June
    2007, based on consolidated management accounts prepared in accordance
    with IFRS, and its trade update for the third quarter 2007. Key
    financial and operating results are announced in this press-release.
    The detailed financial results are published at www.rosinter.com.

    1 H 2007 financial highlights:

    -- 21 net additions for a total of 195 restaurants as of June 30
    2007

    + 12% since December 31st 2006 - 15 corporate and 6 franchised
    versus 3 corporate and 4 franchised additions in 1H 2006

    -- 28.0% increase in Revenue

    US$ 122.5 mln versus US$ 95.7 mln in 1H 2006

    -- 1.5% improvement in Gross Margin

    38.4% versus 36.9% in fiscal year 2006

    -- 3.5% improvement in Margin from operating activities

    9.3% versus 5.8% in fiscal year 2006

    -- 1.5% improvement in Adjusted EBITDA Margin

    13.8% (US$ 16.9 mln) versus 12.3% (US$ 26.8 mln) in fiscal year
    2006

    -- 3.9% improvement in Net Profit Margin

    4.3% (US$ 5.3 mln) versus 0.4% (US$ 0.8 mln) in fiscal year 2006

    Trade update for the third quarter 2007:

    During 3Q2007 we opened 7 restaurants (net) and achieved 6.7% and
    12.1% Same Store Sales Growth in local currency and US$ respectively.
    Cumulated figures for first 9 months 2007 are 28 openings (net) and
    6.4% and 12.4% Same Store Sales Growth in local currency and US$.

    Key operating statistics for the first 9 months 2007:

    -0-
    *T
    1H2007 3Q2007 9m2007
    Number of outlets opened, net 21 7 28
    Total number of outlets, e.o.p. 195 202 202
    SSSG in US$ 12.6% 12.1% 12.4%
    SSSG in local currency 6.3% 6.7% 6.4%
    Increase in average transaction (US$) 10.5% 9.5% 10.5%
    Increase in average transaction (local currency) 4.4% 4.4% 4.4%
    Increase in transaction count 1.5% 2.1% 1.8%
    *T

    Mr. Rostislav Ordovsky-Tanaevsky Blanco, Chairman of the Board of
    Directors, commented:

    "We are pleased to announce our results for the first six months
    of 2007. During this period, we completed successfully our IPO and our
    team continued to deliver solid business results. The public issuance
    and listing of our shares will not only contribute to the funding of
    our ambitious growth plan, but it has deepened our commitment to
    profitable growth. Energized by the very positive response we have
    received from the market, we will strive to maintain the trust of all
    our stakeholders in the years to come"

    Ms. Lori Daytner, CEO, commented:

    "We are currently focused on increasing our speed of development.
    We are pleased to announce that we expect by year end to have a
    network of 234 restaurants, 7 more than our original plan for 2007,
    and that we have built a strong pipeline of restaurants openings for
    2008. We have also added to our franchise network 7 new franchisees
    and 5 new cities in Russian regions with new openings expected in
    2008."

    * * *

    Note to Editors:

    OJSC Rosinter Restaurants Holding is the leading casual dining
    restaurant company in Russia and the CIS, which currently (October
    15th, 2007) operates 206 outlets, including 46 franchised restaurants.
    In 2006 it served approximately 12.5 million customers in Russia, the
    CIS and Central Europe, including Baltic countries. The Company offers
    Italian, Japanese, American and Russian cuisine under its proprietary
    brands IL Patio, Planet Sushi and 1-2-3 Cafe and its licensed brands
    T.G.I. Friday's and Sibirskaya Corona. Following the opening of its
    first restaurant in Moscow in 1990, the Company operates in 24 cities
    in Russia, the CIS and Central Europe, including Baltic countries.
    Rosinter reported consolidated revenues of US$ 218.6 million, in
    accordance with audited IFRS accounts, for the twelve months ended
    December 31, 2006. Rosinter Restaurants Holding is listed in RTS
    (www.rts.ru) under the stock ticker ROST.

    Important Disclosure

    This release contains "forward-looking statements" which include
    all statements other than statements of historical fact. Such
    forward-looking statements can often be identified by words such as
    "plans", "expects", "intends", "estimates", "will", "may", "continue",
    "should" and similar expressions. Such forward-looking statements
    involve known and unknown risks, uncertainties and other important
    factors beyond the Company's control that could cause the actual
    results, performance or achievements of the Company to be materially
    different from future results, performance or achievements expressed
    or implied by such forward-looking statements.

    Such forward-looking statements are based on numerous assumptions
    regarding the Company's present and future business strategies and the
    environment in which the Company will operate in the future. By their
    nature, forward-looking statements involve risks and uncertainties
    because they relate to events and depend on circumstances that may or
    may not occur in the future. These forward-looking statements speak
    only as at the date as of which they are made, and the Company does
    not intend and has no duty or obligation to supplement, amend, update
    or revise any of the forward-looking statements contained herein to
    reflect any change in the Company's expectations with regard thereto
    or any change in events, conditions or circumstances on which any such
    statements are based. The information and opinions contained in this
    presentation are provided as at the date of this presentation and are
    subject to change without notice.