RU
01 February 2007

X5 Retail Group N.V. announces RUR 25 BILLION BOND ISSUE

Amsterdam, 1 February 2007

X5 Retail Group N.V. (LSE ticker: “FIVE”), Russia’s leading grocery retailer announced today the decision of ООО «X5 Finance», a subsidiary of X5 Retail Group N.V., to issue RUR 25 billion Callable Bonds due 2014 (the "Bonds") in three tranches. The coupon rates, payable semi-annually, will be defined at the auction on the date of issue.