Amsterdam, 23 September 2010
X5 Retail Group N.V. (“Company”), Russia’s largest retailer in terms of sales (LSE ticker: “FIVE”), today announced that X5 and Sberbank have signed a five year credit facility for USD 500 million in RUR equivalent, with final maturity date in December 2015. The facility will be in a format of a multipurpose credit line. Parties have also agreed to sign the facility on unsecured basis. Credit terms are comparable to the credit terms provided by the leading western banks. The credit line can be utilized in several tranches with varying maturities up to 3 years.