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21 November 2006

X5 RETAIL GROUP N.V. announces closing of the transaction for the acquisition of METRONOM AG

Amsterdam, 21 November 2006

X5 Retail Group N.V., Russia’s leading grocery retailer, today announced closing of the transaction for the acquisition of 100% of OOO “Metronom AG”, following the approval of the Supervisory Board of X5 Retail Group N.V. and statuary government approvals, including antimonopoly authorities.