Amsterdam, 13 November 2006
X5 Retail Group N.V., Russia’s leading grocery retailer, announced that Perekrestok Holdings Limited, a 100% subsidiary of X5 Retail Group N.V., purchased today 3,231,480 GDRs from Templeton Strategic Emerging Markets Fund LDC at a price of US $ 21.75 per GDR. This purchase was made as part of the Company’s 2006 GDR purchase programme, launched on 30 June 2006. The GDRs will be held as treasury stock and will be used by the Treasury for general corporate purposes.