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X5 Retail Group N.V (FIVE)

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Friday 03 November, 2006

X5 Retail Group N.V

New Chairman of the Board

X5 Retail Group N.V.
03 November 2006





NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES,
                           AUSTRALIA, CANADA OR JAPAN

3 November 2006


X5 RETAIL GROUP N.V. ANNOUNCES APPOINTMENT OF HERVE DEFFOREY AS CHAIRMAN OF THE
                               SUPERVISORY BOARD


Amsterdam, 3 November 2006 - X5 Retail Group N.V., Russia's leading grocery
retailer, announced today the appointment of Mr. Herve Defforey as Chairman of
the Supervisory Board.


Mr. David Noble resigned as the Chairman and Member of the Supervisory Board as
per 2 November 2006.


Note to Editors:


Herve Defforey


Herve Defforey started his career as a marketing manager in Nestle Co. in 1975.
From 1977 he worked in Chase Manhattan Bank N.A. which he left in the position
of Vice President in 1983. From 1983 to 1990 he held top positions in BMW AG. In
1990 he took up the duties of the Managing Director in Azucarrera EBRO S.A. In
1993-2004 served as Finance Director and General Manager in Carrefour, S.A. From
2001 Mr. Defforey is a Partner in GPR Partners where he also serves as Executive
Chairman for Europe.



X5 Retail Group N.V.



X5 Retail Group N.V. is Russia's largest food retailer in terms of sales.  As of
30 September 2006, the group had 420 company-managed 'Pyaterochka' soft discount
stores located in the Moscow (199), St. Petersburg (199) and Yekaterinburg (22)
areas, and 141  company-managed 'Perekrestok' supermarkets across Central Russia
and Ukraine, including 81 stores in Moscow.



As of 30 September 2006, franchisees operated 539 Pyaterochka branded stores
across Russia, in Ukraine and Kazakhstan.  Perekrestok has 10 convenience stores
operated by franchisees in the Moscow area.



Pyaterochka and Perekrestok have merged their operations as of 18 May 2006 to
create the clear leader in the Russian food retail market.



Pyaterochka's 2005 net sales (pre-merger) reached USD 1,359 million, with gross
banner sales in 2005 of over USD 2 billion.  Perekrestok net sales reached USD
1,015 million in 2005.



The Group's pro forma net sales for the 9 months of 2006 were US $2,411 million
(management accounts). During 1H 2006, the Pyaterochka chain provided US $1,374
million of net sales, while the Perekrestok chain contributed US $1,037 million
of net sales.







                                    - End -



Enquiries to:

                              X5 Retail Group N.V.
                                 Gennady Frolov
                        Head of Corporate Communications
                        Office +7 495 984 6956 ext.2093
                             Mobile +7 495 998 3335
                           Email gennady.frolov@x5.ru



                      This information is provided by RNS
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