15 December 2009

X5 Board Decisions & EGM Agenda

Moscow, 15 December 2009

X5 Retail Group N.V. (“Company”), Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), today announced decisions of the Company’s Supervisory Board to accept Carlos Criado-Pérez Trefault’s resignation from the Company’s Supervisory Board effective 1 January 2010 pursuant to his decision to concentrate on personal business activities; and to convene an Extraordinary General Meeting of Shareholders on 15 January 2010 at 11.00 am CET (the “EGM”).