13th Nov 2006 08:48
X5 Retail Group N.V.13 November 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN 13 November 2006 X5 Retail Group N.V. GDR Purchase Amsterdam, 13 November 2006 - X5 Retail Group N.V., Russia's leading groceryretailer, announced that Perekrestok Holdings Limited, a 100% subsidiary of X5Retail Group N.V., purchased today 3,231,480 GDRs from Templeton StrategicEmerging Markets Fund LDC at a price of US $ 21.75 per GDR. This purchase wasmade as part of the Company's 2006 GDR purchase programme, launched on 30 June2006. The GDRs will be held as treasury stock and will be used by the Treasuryfor general corporate purposes. Note to Editors: X5 Retail Group N.V. is Russia's largest food retailer in terms of sales. As of30 September 2006, the group had 420 company-managed "Pyaterochka" soft discountstores located in the Moscow (199), St. Petersburg (199) and Yekaterinburg (22)areas, and 141 company-managed "Perekrestok" supermarkets across Central Russiaand Ukraine, including 81 stores in Moscow. As of 30 September 2006, franchisees operated 539 Pyaterochka branded storesacross Russia, in Ukraine and Kazakhstan. Perekrestok has 10 convenience storesoperated by franchisees in the Moscow area. Pyaterochka and Perekrestok have merged their operations as of 18 May 2006 tocreate the clear leader in the Russian food retail market. Pyaterochka's 2005 net sales (pre-merger) reached USD 1,359 million, with grossbanner sales in 2005 of over USD 2 billion. Perekrestok net sales reached USD1,015 million in 2005. The Group's pro forma net sales for the 9 months of 2006 were US $2,411 million(management accounts). The Pyaterochka chain provided US $1,374 million of netsales, 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 +7 495 724 6414 Email [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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