Dixy : November 2014 Retail Revenue

DIXY GROUP DEMONSTRATES 30.2% RETAIL REVENUE GROWTH IN NOVEMBER 2014 Moscow, Russia, December 15, 2014 DIXY Group (MOEX: DIXY) - one of Russia's leading retailers of foods and everyday products - today announced retail revenue growth of 30.2% in Russian rubles in November 2014, and retail revenue growth of 26.2% in Russian rubles for the first eleven months of 2014. For the first eleven months of 2014, DIXY Group retail revenue increased to RUR 202.9 bln (USD 5.5

bln) by 26.2% in RUR (8.8% in USD) year-on-year.

In November 2014, DIXY Group retail revenue increased to RUR 19.9 bln (USD 433.8 mln) by 30.2% in

RUR (decreased by 7.5% in USD) year-on-year.
 Retail revenue of DIXY neighborhood stores increased to RUR 15.9 bln (USD 346.5 mln) by 34.8% in
RUR (decreased by 4.1% in USD) in November 2014 compared to November 2013.
 Retail revenue of Victoria Division increased to RUR 2.5 bln (USD 55.2 mln) by 15.8% in RUR (decreased by 17.7% in USD) year-on-year in November 2014. The growth was driven mainly by retail revenue from Victoria supermarkets which increased by 17.2% year-on-year in RUR (decreased by

16.7% in USD) and amounted to RUR 2.1 bln (USD 45.0 mln) in November 2014.

 Retail revenue of Megamart Division increased to RUR 1.5 bln (USD 32.1 mln) by 12.3% in RUR (decreased by 20.1% in USD) year-on-year in November 2014.

For the first eleven months of 2014, the Company opened 328 stores net, including 34 store openings net in

November 2014.
As of November 30, 2014, the Group had 2,127 stores under operation, including 2,000 DIXY neighborhood stores, 92 Victoria stores, 1 CASH store, and 34 compact hypermarkets MegaMart and MiniMart.
As of November 30, 2014, the Group increased its selling space by 22% year-on-year to 724,201 square meters.

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DIXY Group Retail Revenue by Division in November and 11M 2014, year-on-year

in RUR thousand	November 2014	November 2013	∆%	11M 2014	11M 2013	∆%
DIXY Division	15,908,807	11,800,940	34.8%	161,206,319	123,519,299	30.5%
Victoria Division	2,535,248	2,190,018	15.8%	26,607,112	23,094,114	15.2%
Supermarkets	2,067,353	1,764,455	17.2%	21,434,414	18,123,287	18.3%
Neighborhood stores	382 166	358,013	6.7%	4,311,337	4,228,621	2.0%
CASH	85,729	67,550	26.9%	861,361	742,206	16.1%
Megamart Division	1,472,185	1,310,903	12.3%	15,049,168	14,072,184	6.9%
MegaMart	1,174,920	1,043,511	12.6%	11,978,945	11,069,204	8.2%
MiniMart	297,265	267,392	11.2%	3,070,222	3,002,980	2.2%
DIXY Group Total	19,916,240	15,301,861	30.2%	202,862,599	160,685,597	26.2%

in USD thousand	November 2014	November 2013	∆%	11M 2014	11M 2013	∆%
DIXY Division	346,489	361,480	(4.1%)	4,376,694	3,890,261	12.5%
Victoria Division	55,217	67,083	(17.7%)	722,374	727,353	(0.7%)
Supermarkets	45,026	54,048	(16.7%)	581,937	570,796	2.0%
Neighborhood stores	8,323	10,966	(24.1%)	117,051	133,181	(12.1%)
CASH	1,867	2,069	(9.8%)	23,386	23,376	0.0%
Megamart Division	32,064	40,155	(20.1%)	408,579	443,206	(7.8%)
MegaMart	25,589	31,964	(19.9%)	325,224	348,627	(6.7%)
MiniMart	6,474	8,191	(21.0%)	83,355	94,579	(11.9%)
DIXY Group Total	433,770	468,718	(7.5%)	5,507,647	5,060,820	8.8%

Revenue Disclosure Annotations:

 Revenue numbers disclosed in the press-release are based on internal management reports and have not been audited.
 Revenue numbers do not include VAT.
 Revenue numbers in US dollars for November 2013 were restated due to restatements of the average exchange rate for that period. This restatement did not have any impact on the revenue numbers denominated in Russian rubles.
 The following official exchange rates of the Central Bank of Russian Federation were used to convert Russian Rubles to US dollars:

2013 2014

Average November, RUR/USD 32.6462 45.9143
Average eleven months, RUR/USD 31.7509 36.8329

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Stores Statistics for November and 11M 2014, year-on-year 1. Number of Stores 2. Selling Space

as of	as of
30.11.2014	30.11.2013
DIXY neighborhood stores	2,000	1,604
Victoria Division	93	84
Supermarkets	46	39
Neighborhood stores	46	44
CASH	1	1
Megamart Division	34	31
MegaMart	22	20
MiniMart	12	11
DIXY Group Total	2,127	1,719

3. Store Openings for 11M 2014 vs. 11M 2013

Opened	Closed	Opened NET
11M 2014	11M 2013	11M 2014	11M 2013	11M 2014	11M 2013
DIXY neighborhood stores	346	263	27	51	319	212
Victoria Division	6	10	-	3	6	7
Supermarkets	5	8	-	-	5	8
Neighborhood stores	1	2	-	3	1	N/A
CASH	-	-	-	-	-	-
Megamart Division	3	1	-	-	3	1
MegaMart	2	1	-	-	2	1
MiniMart	1	-	-	-	1	-
DIXY Group Total	355	274	27	54	328	220

4. Store Openings in November 2014 vs. November 2013

Opened	Closed	Opened NET
Nov 2014	Nov 2013	Nov 2014	Nov 2013	Nov 2014	Nov 2013
DIXY neighborhood stores	35	27	1	3	34	24
Victoria Division	-	1	-	-	-	1
Supermarkets	-	1	-	-	-	1
Neighborhood stores	-	-	-	-	-	-
CASH	-	-	-	-	-	-
Megamart Division	-	-	-	-	-
MegaMart	-	-	-	-	-	-
MiniMart	-	-	-	-	-	-
DIXY Group Total	35	28	1	3	34	25

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OJSC DIXY Group (MOEX: DIXY) is one of Russia's leading retailers of foods and everyday products.

The first DIXY store was opened in Moscow in 1999, and after that the Company has been experiencing the period of the intensive organic development, followed by the major acquisition of Victoria Group in June
2011.
As of November 30, 2014, the Company operated 2,127 stores, including 2,000 DIXY neighborhood stores,
92 Victoria stores, 1 CASH store, and 34 compact hypermarkets MegaMart and MiniMart.
The Company operates in Central, Northwest, Volga and Urals federal districts of Russia, and in Kaliningrad and Kaliningrad region.
As of November 30, 2014, the Company had a total of 724,201 square meters of selling space.
The Company is the third largest national food retailer by revenue, selling area, and number of stores. The
Company employs over 40,000 people.
In May 2007, the Company raised USD 360 mln in its IPO on the RTS and MICEX. A controlling stake of
54.4% in OJSC DIXY Group is owned by Mercury Group of Companies, a diversified holding company. In 2013, the Company's total revenue amounted to RUR 180 bln (USD 5.7 bln).
The Russian business magazine Expert rates DIXY Group as one of the Top-100 largest Russian companies.
For further enquiries, please, contact:

Natalya Belyavskaya Head of Investor Relations DIXY Group of Companies Tel.: + 7 495 223-3338

Fax: + 7 495 933-0259
E-mail: [e-mail]://www.dixy.ru/

Anastasia Orlova

PR Director
DIXY Group of Companies
Tel.: [phone] ext. 2132
Fax: [phone]
Mob.: [phone]
E-mail: [e-mail]
http://www.dixy.ru/

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