5 September 2013

Refurbishment of first X5 Karusel over

St Petersburg, 5 September 2014

X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer, announced today the opening of Karusel hypermarket on Bolshevikov Avenue, Nevsky District, in St Petersburg following a major upgrade. The opening ceremony was attended by Elgiz Kachaev, Chairman of St Petersburg Committee for Development of Entrepreneurship and Consumer Market, Alexey Gulchuk, Deputy Head of Nevsky District Administration, and Vardan Dashtoyan, CEO of the Karusel hypermarket chain.