18 February 2008

X5 completes rebranding of all Perekrestok hypermarkets into Karusel

Amsterdam, 18 February 2008

X5 Retail Group N.V., Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), announced today that the rebranding of Perekrestok hypermarkets has been completed and all X5’s hypermarkets now operate under the Karusel brand.