X5 Wins Grand Prix in Investor Relations
24 Oct 2008

Moscow, 24 October 2008 – X5 Retail Group N.V., Russia's largest retailer in terms of sales (LSE
ticker: “FIVE”), received «Grand prix for best overall investor relations» (small and mid cap) at
2008 IR Magazine Russia & CIS Awards Ceremony held in Moscow on 22 October 2008. X5 was
also ranked first in the «Most progress in investor relations» category, while Anna Kareva, X5’s
Director for Public and Investor Relations, was named «Best investor relations officer» in Russia.

All Russian public companies that are traded on Russian and international stock exchanges
competed for awards in eleven categories. Winners were determined on the basis of a survey
among analysts covering the Russian equity market and fund managers investing in Russia and
CIS, conducted by an independent British research agency.

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 four primary retail investments held by X5 include leading supermarket chain Perekrestok, leading soft discounter chain Pyaterochka, Kopeyka, a leading discount grocery retailer, and Karusel, one of the leading hypermarket chains in Russia.

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