25 March 2008

X5 RETAIL GROUP N.V. to buy out 28 Pyaterochka stores in Perm

Amsterdam, 25 March 2008

X5 Retail Group N.V., Russia’s largest food retailer in terms of sales (LSE ticker: “FIVE”), today announced that it has signed an agreement to acquire 100% of the business and assets of Kama Retail company – a Pyaterochka franchisee in the Perm region, for a total consideration of approximately USD 18 million, including debt. The Company plans to close the deal in April 2008.