X5 successfully completes pilot launch of SAP for Retail in Nizhniy Novgorod and begins roll-out to all regions

X5 Retail Group N.V. (“Company”), Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), today announced that it has successfully completed the pilot launch of SAP for Retail in Nizhniy Novgorod and begun the system roll-out to all other regions of its operations, to be completed by end of 2010.