16 April 2012

X5 Supervisory Board member to step down

Amsterdam, 16 April 2012

X5 Retail Group N.V. (“X5” and/or the “Company”), Russia’s largest retailer in terms of revenue, today announced that Vladimir Ashurkov, member of the Company’s Supervisory Board (the “Board”), has decided not to stand for reelection to the Board at X5’s 2012 Annual General Meeting of Shareholders (AGM) in order to pursue other interests.