10 April 2007

X5 RETAIL GROUP N.V. gains control over 40 Pyaterochka stores in Chelyabinsk

Amsterdam, 10 April 2007

X5 Retail Group N.V., Russia’s largest food retailer in terms of sales (LSE ticker: “FIVE”) , announced today that it signed an agreement with the owners of Pyaterochka franchises in Chelyabinsk to create a joint company which will merge all the Pyaterochka’s assets in Chelyabinsk and Yekaterinburg.