6th Dec 2007 14:11
X5 Retail Group N.V.06 December 2007 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN PURCHASE OF GDRs Amsterdam, 6 December 2007 - X5 Retail Group N.V. (LSE: FIVE), Russia's leadingfood retailer in terms of sales, hereby announces that on 29 and 30 November2007 its wholly owned subsidiary Perekrestok Holdings Limited purchased thetotal of 160,000 of Global Depositary Receipts representing shares in thecapital of its parent company, X5 Retail Group N.V. on the London Stock Exchangeat an average market price of USD 31,5038 to fund its ESOP program. Followingthese transactions X5 Retail Group N.V. owns 3,769,112 GDRs in total. - Ends - Note to Editors: X5 Retail Group N.V. is Russia's largest food retailer in terms of sales. As of30 September 2007, the Group had 573 company-managed soft discount storeslocated in Moscow (256), St. Petersburg (234) and other Russian areas (83), 163company managed supermarkets across Central Russia and Ukraine, including 101stores in Moscow (Moscow region and Yaroslavl region), and 13 company managedhypermarkets. As of 30 September 2007, X5's franchisees operated 627 stores across Russia andKazakhstan. Pyaterochka and Perekrestok have merged their operations as of 18 May 2006 tocreate the clear leader in the Russian food retail market. Forward looking statements: This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identifiedby the fact that they do not only relate to historical or current events.Forward-looking statements often use words such as" anticipate", "target", "expect", "estimate", "intend", "expected", "plan", "goal" believe", or otherwords of similar meaning. By their nature, forward-looking statements involve risk and uncertainty becausethey relate to future events and circumstances, a number of which are beyond X5Retail Group N.V.'s control. As a result, actual future results may differmaterially from the plans, goals and expectations set out in theseforward-looking statements. Any forward-looking statements made by or on behalf of X5 Retail Group N.V.speak only as at the date of this announcement. Save as required by anyapplicable laws or regulations, X5 Retail Group N.V. undertakes no obligationpublicly to release the results of any revisions to any forward-lookingstatements in this document that may occur due to any change in its expectationsor to reflect events or circumstances after the date of this document. For further details please contact Anna KarevaIR DirectorTel.: +7 (495) 980-2729, ext. 22 162e-mail: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
X5 Retail