Top.Mail.Ru
RU
30 June 2006

PYATEROCHKA HOLDING N.V. TO LAUNCH GDR PURCHASE PROGRAMME

Pyaterochka Holding N.V. will launch today a GDR purchase programme to meet its expected obligations under the company’s employee stock option programme. The GDR purchase programme will begin today and is expected to run through to the end of 2006, subject to market conditions. The total value of this GDR purchase programme in 2006 is currently planned to reach US $50 million.