Baltika's consolidated net sales in July totalled 90.1 million kroons and increased by 37% compared to July previous year. Retail sales grew 41% yoy and wholesale 18% yoy. Sales in July -------------------------------------------------------------------------------- | EEK million | 7/2007 | 7/2006 | Change | -------------------------------------------------------------------------------- | Retail | 78.6 | 55.8 | 41% | -------------------------------------------------------------------------------- | Wholesale | 10.7 | 9.1 | 18% | -------------------------------------------------------------------------------- | Subcontracting | 0.5 | 0 | n/a | -------------------------------------------------------------------------------- | Other | 0.3 | 0.7 | -58% | -------------------------------------------------------------------------------- | Total | 90.1 | 65.6 | 37% | -------------------------------------------------------------------------------- In July, Baltika's retail sales grew 100% in Russia, 71% in Latvia, 37% in Lithuania, 36% in Estonia and 5% in Ukraine. As of the end of July, Baltika Group operated 124 stores with total sales area of 23,011 square metres. There were no openings in July. In the second half of the year the Group plans to open 5-8 stores taking the total number of stores to 129-132 by the end of the year. Cumulative seven month sales of Baltika amounted to 626 million kroons (+37% yoy), including retail sales of 525 million kroons (+41%) and wholesale of 88 million kroons (+13%). EUR 1 = EEK 15.6466 Triin Palge Head of investor relations +372 630 2886