OREANDA-NEWS. OJSC "Russian Sea Group" (the "Company" or the "Group"), one of Russia’s leading consumer food companies, today announces its revenue for the 4 quarter and Year 2012 based on unaudited management accounts.

In million of Russian rubles

4Q 2012

4Q 2011

Change 4Q 2012/4Q 2011

12M 2012

12M 2011

Change

12M 2012/12M 2011

Consolidated revenue

6275,37

6　072,72

3,3%

17　952,29

18　557,60

(3,3)%

Chilled and frozen segment

5045,47

4709,4

7,1%

14439,64

14486,7

(0,3%)

Ready-to-eat segment

1229,69

1348,3

(8,8%)

3454,68

4052,1

(14,7%)

Aquaculture segment

0,21

15,02

(98,6%)

57,97

18,8

308%

Consolidated revenue increased in the 4Q 2012 as compared to the 4Q 2011 by 3% to RUR 6275,37. 12 months 2012 revenue amounted to RUR 17,925.29 million.

Chilled and frozen segment

Sales to external customers in chilled and frozen segment increased by 7% to RUR 5045.5 million　in the 4Q 2012. Despite the drop in revenue in the first half of 2012, overall annual figures are at the level of 2011.

Ready-to-Eat segment

Sales to external customers in ready-to-eat segment decreased by 9% to RUR　1229.69　in the 4Q 2012. Factors that contributed to further sales decrease in the 4Q 2012 were the same as in the beginning of the year. However the situation improved because of increased sales of delicacy red fish in retail chains as a result of restored supply to some of them, and started sales of salmon roe of new fishing season .

Aquaculture segment

In the 4Q 2012 sales to external customers were equal to RUR 0.21 million. Overall annual 2012 revenue compared with 2011 showed a threefold increase. This result is based on several marketing and sales efforts, including sales of the trout grown on fish farm in Karelia.