21 April 2014

15 new Pyaterochka stores to open in Magnitogorsk

Magnitogorsk, 21 April 2014

X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer in terms of sales, announced today the Company’s acquisition of a 100% share in Malakhit LLC, which owns 15 stores under the “Family” brand. X5 plans to refurbish the stores according to the “New Pyaterochka” concept and brand book. Prior to the acquisition, X5 operated 168 Pyaterochka stores in the Chelyabinsk Region of which, 18 were located in Magnitogorsk.