OREANDA-NEWS. On 23 June 2009 X5 Retail Group N.V. (the “Company”), Russia's largest retailer in terms of sales, announced that all the resolutions proposed at the Annual General Meeting of shareholders (hereinafter: the “AGM”) held on 12 June 2009 were passed by the shareholders / holders of global depository receipts (“GDRs”).

The key items that were approved at the AGM include the adoption of the financial statements for the financial year 2008, adjustment of the Employee Stock Option Plan, and re-appointment of two members of the Supervisory Board.

Adjustment of the Employee Stock Option Plan implies extension of the exercise period of options granted under tranches 2, 3 and 4 up to four and a half years from the grant date of each respective tranche.

Minutes of the meeting can be found in the Corporate Governance section of the Company’s web­site at http://www.x5.ru/en/corporate/general/.