SALES RESULTS FOR 9 MONTHS OF 2007

Estonia


The consolidated unaudited net sales of Tallinna Kaubamaja Group for 9 months
of 2007 totalled 4.2 billion kroons (267.5 million euros) and increased 41%
yoy.  Net sales during the comparable period last year were 3.0 billion kroons
(189.2 million euros). The sales for 9 months 2006 do not include the sales
from car selling business segment. 
 
The net sales of A-Selver for 9 months of 2007 were 2.7 billion kroons (171.2
million euros) and increased 30% yoy.  The net sales of Selver in the third
quarter amounted to 955 million kroons (61 million euros) and increased by 26%
yoy. 
The average monthly sales per square meter of sales area were 7.3 thousand
kroons during the 9 months and 7.7 thousand kroons in the third quarter,
showing a growth of 23% and 19% yoy respectively. 
During the 9 months 19.4 million purchases were made in the Selver chain
growing by 13% over the same period last year. 

The sales in department store business segment for 9 months totalled 1.1
billion kroons (67.4 million euros) and increased by 23% yoy. In the third
quarter the sales in department store business segment amounted to 361.7
million kroons (23 million euros), showing a 23% improvement on a year ago. 
The average monthly sales per square meter of sales area were 5.1 thousand
kroons during the 9 months and 5.2 thousand kroons in third quarter, showing a
growth of 23% and 21% yoy respectively. 
During the 9 months 6.1 million purchases were made in department stores,
growing by 7% over the same period last year. 

The sales in real estate business segment during 9 months amounted to 30.0
million kroons (1.9 million euros) and increased by 8% yoy. The sales between
business segments totalled 43.3 million kroons (2.8 million euros), increasing
by 1% yoy. 

The sales in car selling business segment during 9 months were 421.6 million
kroons (26.9 million euros). During 9 months 1602 new cars were sold.  This is
698 new cars more than the year before showing a 77% growth yoy. 

The 9 months sales of 2007 were mainly influenced by the rising purchasing
power and favourable economic situation. 



Raul Puusepp
Chairman of the Board
Phone: +372 731 5000
GlobeNewswire