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X5 Buys GDRs
01 Aug 2008

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 during the period of time
from 11 July through 29 July 2008 its wholly owned subsidiary Perekrestok Holdings Limited
purchased the aggregate amount of 267,482 Global Depositary Receipts (“GDRs”) representing
shares in the capital of its parent company X5, at an average market price of USD 29.35 per
GDR in order to hedge the Company’s obligations under its Employee Stock Option Plan.
Following these transactions as of 30 July 2008 X5 owns 267,482 GDRs as Treasury Stock.

X5 Retail Group N.V.

LSE-Listed X5 Retail Group N.V. is Russia’s largest food retailer in terms of sales and the only multi-format operator in Russia and with a growing presence in Ukraine and Kazakhstan.  The two primary retail investments held by X5 include leading supermarket chain Perkerestok and Pyaterochka, one of the largest Russian discounter supermarket chains.  X5 uses a multi-format strategy to simultaneously develop three formats: discounters, supermarkets and hypermarkets.


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