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5 June 2009

X5 to begin placement of corporate bonds for total amount of RUR 8 BLN on 11 June 2009

Amsterdam, 05 June 2009

X5 Retail Group N.V., Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), today announced that it plans to issue RUR 8 bln of corporate ruble bonds with a 7-year maturity and a put option in 2 years, through its 100%-owned subsidiary ZAO X5 FINANCE. The placement via open subscription will commence 11 June 2009.