18 May 2009

X5 to hold the AGM on 12 June 2009

Amsterdam, 18 May 2009

X5 Retail Group N.V. (the “Company”), Russia’s largest retailer in terms of sales, invites its shareholders/holders of global depository receipts (“GDRs”) to its annual general meeting of shareholders to be held at Parkstraat 20, 2514 JK The Hague, The Netherlands at 11.00 am CET on 12 June 2009 (hereinafter: the "AGM"). The record date for the AGM is 20 May 2009.