Pyaterochka Holding NV would like to note the following in connection with the press release issued by the Federal Financial Markets Service of the Russian Federation on 13 May 2005 concerning the recent offering of global depositary receipts (GDRs) representing shares in Pyaterochka Holding NV and the admission of the GDRs to listing on the Official List of the UK Listing Authority and trading on the London Stock Exchange (collectively, the Global Offering).
16 May 2005