9 September 2014

Moody’s changes X5’s outlook to positive

​Moody’s changes X5’s outlook to positive​

Amsterdam, 9 September 2014

X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today that Moody’s has changed the Company’s outlook from stable to positive and affirmed X5’s corporate family rating at B2.