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23 January 2013

X5 Retail Group to record non-cash PP&E impairment in Q4 2012

Amsterdam, 23 January 2013

X5 Retail Group N.V. (“X5” or the “Company”), Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), announced today that the Company will record a non-cash property, plant & equipment (PP&E) impairment charge in the fourth quarter of 2012.