15 November 2013

X5 concludes cooperation agreement with the Tyumen region

Tyumen, 15 November 2013

X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today that it has concluded a cooperation agreement with the Tyumen Region’s government. According to a document signed by Vladimir Yakushev, the Governor of the Tyumen Region, and Stephan DuCharme, Chief Executive Officer, Х5 Retail Group, X5 plans to build a distribution center and open not less than 100 new stores in the Region, including franchise stores in municipal districts, by 2016. Total planned capital expenditures amount to approximately five billion Russian roubles. The regional administration undertakes to support X5 in implementing these plans.