OREANDA-NEWS. May 12, 2011. 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 annual general meeting of shareholders (the “AGM”). The AGM will be held at Parkstraat 20, 2514 JK The Hague, The Netherlands at 11.00 am CET on 20 June 2011. The record date for the AGM is 23 May 2011.

The key items to be discussed at the AGM include the annual report of the Management Board and adoption of the annual accounts for the financial year 2010, appointment of Mr. A. Gusev as CEO and member of the Management Board, re-appointment of Mr. F. Lhoest as Company Secretary and member of the Management Board, and changes to the Articles of Association.

The agenda of the AGM, including explanatory notes, as well as the Company's full annual report for the financial year 2010, the proposed amendment of the Articles of Association and the main contract elements of the directors to be (re-)appointed, are available at www.x5.ru.