Russia's First Prime Minister Dmitry Medvedev has secured his victory after the election authority officially announced final results of the March 2 presidential election on Friday.

Russia's president-elect Dmitry Medvedev stands during his radio address to the nation in Russia's Black Sea resort of Sochi, March 7, 2008. Medvedev has secured his victory after the election authority officially announced final results of the March 2 presidential election on Friday. [Agencies]

Medvedev has won 70.28 percent of the votes, thus passing the 50 percent threshold by a landslide, Stanislav Vavilov, the deputy chairman of the Russian Central Elections Commission (CEC) told a press conference in Moscow.