RU
08 August 2006

PYATEROCHKA HOLDING ‘BB-‘ RATING AFFIRMED BY STANDARD & POOR’S

On 3 August 2006, Standard & Poor’s Rating Services affirmed its ‘BB-‘ long-term corporate credit rating for Pyaterochka Holding N.V. At the same time, Standard & Poor’s affirmed its ‘BB-‘ long-term corporate credit and ‘ruAA-‘ Russia national scale ratings for Pyaterochka’s operating subsidiary, OOO Agrotorg. In addition, the ‘ruAA-‘ ratings on the senior unsecured and senior secured debt issued by Pyaterochka Finance have been affirmed.