Baltika's revenues in July totalled 96.5 million kroons and increased by 8% compared to July previous year. Retail sales grew by 11% and wholesale decreased by 13% yoy. Comparable store sales growth for July was 7%. Sales in July -------------------------------------------------------------------------------- | EEK million | 7/2008 | 7/2007 | Change | -------------------------------------------------------------------------------- | Retail | 87.1 | 78.1 | 11% | -------------------------------------------------------------------------------- | Wholesale | 9.2 | 10.6 | -13% | -------------------------------------------------------------------------------- | Other | 0.2 | 0.7 | -70% | -------------------------------------------------------------------------------- | Total | 96.5 | 89.4 | 8% | -------------------------------------------------------------------------------- In the month of July, Baltika's retail sales grew by 2% in the Baltic region (incl. 6% in Lithuania, 1% in Latvia, -1% in Estonia), by 20% in Eastern European region (incl. 23% in Russia, 17% in Ukraine) and by 110% in Central European region (incl. 52% in Poland, the Czech market was launched in October 2007). At the end of July, Baltika Group had 125 stores with a total sales area of 24,461 square metres. During the month a store in Poland was closed due to the end of the rental agreement. Cumulative seven month sales of Baltika amounted to 647 million kroons (+3% yoy), including retail sales of 575 million kroons (+10%) and wholesale of 70 million kroons (-19%). Wholesale revenues have declined in line with projections. EUR 1 = EEK 15.6466 Triin Palge Head of investor relations +372 630 2886