NEW CHAIRMAN OF THE SUPERVISORY BOARD OF X5 RETAIL GROUP N.V. (PYATEROCHKA HOLDING N.V.)

Amsterdam, 18 October 2006

X5 Retail Group N.V. (Pyaterochka Holding N.V.) Russia’s leading grocery retailer, announced today its intention to appoint Mr. Herve Defforey as the Chairman of the Supervisory Board on 2 November 2006.