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11 March 2015

Pyaterochka and Rostelecom launch redevelopment project

​Pyaterochka and Rostelecom launch redevelopment project​

Moscow, 11 March 2015

X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the signing of a letter of intent (the ‘Letter’) between Pyaterochka, the Company’s proximity format, and Rostelecom.