31 May 2006

Pyaterochka Holding N.V. US$800 million Term Loan Credit Facility

Pyaterochka Holding N.V. (“Pyaterochka”) is pleased to announce that it has awarded ABN AMRO Bank N.V., HSBC Bank plc, Raiffeisen Zentralbank Österreich AG (“RZB”) and ZAO Raiffeisenbank Austria (together with RZB, the “RZB Group”) and WestLB AG, London Branch (the “Initial Mandated Lead Arrangers” and “Bookrunners”) a mandate to arrange a US$800 million Syndicated Term Loan Credit Facility (the “Facility”) in connection with the merger of Pyaterochka with Perekrestok Holdings Limited (“Perekrestok”).