Amsterdam, 30 July 2008
X5 Retail Group N.V. (“X5” or the “Company”), Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), announces today that its wholly owned subsidiary X5 Finance LLC has approved a bond prospectus (“Prospectus”) with respect to two tranches of corporate ruble bonds series 4 and 5 and plans to submit to the Russian Federal Financial Markets Service (“FFMS”) a set of documents for registration of the above tranches.