R.G.I. International Limited : R.G.I. International - Update regarding potential offer for Tsvetnoy

Friday 7 December 2012

R.G.I. International Limited

UPDATE REGARDING POTENTIAL OFFER FOR TSVETNOY

Further to the announcement made by R.G.I. International Limited ("RGI" or the "Company") on
30 November 2012 in relation to the potential sale of Tsvetnoy Central Market ("Tsvetnoy"), RGI's central Moscow department store, the Company today announces that one of the
interested parties, with whom it had entered detailed negotiations, has withdrawn from
discussions. Discussions with other parties on a potential sale are continuing, however it is not expected that significant further progress will be made before the year end. A further announcement will be made as appropriate.
The Company is well placed to continue the development and growth of its Tsvetnoy department store whilst these discussions continue.
Enquiries:

RGI

Alan Hibbert, Chief Financial Officer [phone]
Anna Chin, Head of Marketing and PR

Lazard & Co. Limited - Financial Adviser

Patrick Long [phone]
Nick Fowler

Citigate Dewe Rogerson - Financial PR Adviser

Tom Baldock [phone]
Jos Bieneman

Shore Capital - Nominated Adviser

Anita Ghanekar [phone]
Edward Mansfield