21 June 2012

X5 and Kursk Regional Government Administration sign Cooperation Agreement

Moscow, 21 June 2012

X5 Retail Group N.V., (“X5” or the “Company”), Russia’s largest retailer in terms of revenue (LSE ticker symbol: FIVE), announced yesterday that the Company and the Kursk Regional Administration have signed a Cooperation Agreement (the “Agreement”) providing for regional investment and job creation. The Agreement was signed by Alexander Mikhailov, Governor of the Kursk Region, and Mikhail Susov, Corporate Relations Director, X5 Retail Group.