OREANDA-NEWS. September 25, 2009. X5 Retail Group N.V., Russia's largest retailer in terms of sales (LSE ticker: “FIVE”), today announced the decision of the Company’s Supervisory Board to accept Alexander Savin's resignation from the Company's Supervisory Board effective 17 September 2009 pursuant to Mr. Savin's decision to concentrate on his own business activities.

Chairman of X5's Supervisory Board Herve Defforey commented:

"I would like to thank Alexander Savin for his contributions to the Company’s development since his appointment to the Supervisory Board in 2006, and to wish him great success in his future endeavours."

Alexander Savin's replacement at the Supervisory Board will be considered in accordance with the Rules governing the Principles and Practices of the Company's Supervisory Board.