19 June 2008

X5 RETAIL GROUP N.V. announces new appointment

Amsterdam, 19 June 2008

X5 Retail Group N.V. (“X5” or the “Company”), Russia’s largest food retailer in terms of sales (LSE ticker: “FIVE”), announces today the appointment of Mikhail Kuprish as Chief Development Director of the Company effective 30 June 2008. Mr. Kuprish is currently X5 Retail Group’s Vice President of Small Format Development. Starting from 30 June 2008 he will be responsible for implementing the Company’s strategy with respect to organic development of all of X5’s store formats. The current Chief Development Director Andrei Rybakov is leaving the Company for personal reasons.