X5 Retail Group N.V FIVE X5 Announces Extraordinary General Meeting

  X5 Retail Group N.V (FIVE) - X5 Announces Extraordinary General Meeting

RNS Number : 6262P
X5 Retail Group N.V.
26 October 2012





Amsterdam, 26 October 2012  - X5 Retail Group  N.V. (the "Company"),  Russia's 
largest retailer in terms  of sales, invites its  shareholders and holders  of 
global  depository   receipts  to   its  extraordinary   general  meeting   of 
shareholders (the "EGM") to be held at  Parkstraat 20, 2514 JK The Hague,  The 
Netherlands at 11.00 am CET on 7 December 2012. The record date for the EGM is
9 November 2012.

The main item  on the  agenda is  the proposed  amendment of  the Articles  of 
Association of the Company.  Explanatory notes to the  EGM agenda, as well  as 
the draft Deed of Amendment of  the Articles of Association, are available  at 

For further details please contact

Gregory Madick               Vladimir Rusanov

Executive IR Director        Acting Head of PR Department

Tel.: +7 (495) 502-9783     Tel.: +7 (495) 662-8888, ext. 31 328

e-mail: gregory.madick@X5.ru e-mail: vladimir.rusanov@X5.ru

Note to Editors:

Headquartered in Moscow,  X5 Retail Group  (LSE: FIVE, Moody's  - "B2", S&P  - 
"B+") is Russia's largest retailer in terms of revenue. The Company  operates 
several retail formats: the soft discounter chain under the Pyaterochka brand,
the supermarket chain under the Perekrestok brand, the hypermarket chain under
the Karusel brand, the online retail channel under E5.ru brand and convenience
stores under various brands.

As at 30  September 2012,  X5 had 3,472  Company-operated stores.  It has  the 
leading market position in  both Moscow and St.  Petersburg and a  significant 
presence in the European  part of Russia. Its  store base includes 2,936  soft 
discounter stores,  350  supermarkets,  76 hypermarkets  and  110  convenience 
stores. The Company operates 28 DCs and 1,841 Company-owned trucks across  the 
Russian Federation.

X5 is run on an SAP platform.

As at 30 September  2012, X5's direct franchisees  operated 404 stores  across 

As at 30 September 2012, the number of X5 employees totaled 102 thousand.

For the full year 2011, net sales  totaled USD 15,455 mln, EBITDA reached  USD 
1,130 mln, and net profit amounted to  USD 302 mln. For the first half  2012, 
net sales totaled USD  7,859 mln, EBITDA  reached USD 554  mln and net  profit 
amounted to USD 135 mln.

X5 Shareholder  structure is  as follows:  Alfa Group  - 47.86%,  founders  of 
Pyaterochka -  19.85%, X5  Directors- 0.13%,  treasury shares  - 0.11%,  free 
float - 32.05%.

Forward looking statements:

This announcement  includes statements  that  are, or  may  be deemed  to  be, 
"forward-looking  statements".  These   forward-looking  statements  can   be 
identified by 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 other words of similar meaning.

By their  nature,  forward-looking  statements involve  risk  and  uncertainty 
because they relate to future events and circumstances, a number of which  are 
beyond X5 Retail Group N.V.'s control. As a result, actual future results may
differ materially from  the plans,  goals and  expectations set  out in  these 
forward-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  any 
applicable laws or regulations, X5 Retail Group N.V. undertakes no  obligation 
publicly to  release  the results  of  any revisions  to  any  forward-looking 
statements in  this  document  that  may  occur  due  to  any  change  in  its 
expectations or to  reflect events  or circumstances  after the  date of  this 

                     This information is provided by RNS
           The company news service from the London Stock Exchange


NOEUNRWRUWARURA -0- Oct/26/2012 08:24 GMT
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