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Jumbo opens its first hyper store in Sofia

The management will propose at the Annual General Meeting of Shareholders on Wednesday December 12, 2007 the distribution of 32 eurocents dividend per share an increase of 39%. The management will present to its shareholders the Group’s investment program of € 150m for the next three financial years and the first impressions from the opening of the first Jumbo store in Sofia Bulgaria. Last weekend, thousands citizens of the Bulgarian capital had the opportunity to witness the comparative advantage of JUMBO, stores which offer the best possible relation between price and quality. With the opening of the store in Sofia hundreds of consumers voted with their money the advantages of Jumbo products. The acceptance of Bulgarian citizens leads to the acceleration of the construction of two more stores in the neighbour country. The Group has already acquired a plot of 32.400m2 in the Ring Road of the Bulgarian capital, aiming at the construction of a second hyper-store while the company has one more plot of 7.834 m2 inside Sofia for the construction of one more store.


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