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6 December 2010

X5 Retail Group to acquire Kopeyka discounter chain

Amsterdam, 6 December 2010

X5 Retail Group N.V. (“X5”), Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), announced today that it has signed an agreement to acquire Kopeyka retail chain (“Kopeyka”) in a transaction with a total enterprise value of RUR 51.5 billion including assumption of debt.