15 February 2007

Director of the Largest Food Retailer to Head ACORT

Moscow, February 15, 2007

The annual General Meeting of the Association of Retail Companies (ACORT) was held on February 14. 20 of Russia’s largest retail operators are members of the Association. During the session, the Association’s actions in 2006 were reviewed, projects planned for the near future were discussed, and a new ACORT Board was elected, including a new Chairman.