X5 Retail Regulatory News (FIVE)

22 Dec 2005 10:00

Pyaterochka Holding N.V.22 December 2005 THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS RESTRICTED AND NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE RUSSIAN FEDERATION, AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OF AMERICA. 22 December 2005 PYATEROCHKA FULLY PLACES SECOND RUBLE BOND ISSUE On December 20, 2005, the second bond issue of Pyaterochka Holding N.V. -Russia's leading grocery retailer - was placed on MICEX. The Issuer was the limited liability company "Pyaterochka Finance", a 100%subsidiary of the Pyaterochka Group. The fixed coupon rate was set at auction at9.3% per annum. Thus the initial placement yield to maturity was 9.51% perannum. Total demand for the bonds amounted to 3.6 billion Rubles with 73 orderssubmitted during the auction. The orders submitted by the investors containedcoupon rates within the range from 8.5% to 9.5% per annum. The bond issue wasfully placed during the auction. The bonds with a total nominal value of 3 billion Rubles are 5-year bondsbearing a semi-annual coupon. The coupon rates are equal and fixed to maturityat 9.3% per annum. The guarantor of the Issue is the limited liability company "Agrotorg". An additional guarantee in the form of an irrevocable offer isprovided by Pyaterochka Holding N.V. - Pyaterochka Group's holding company. The Lead Arrangers of the Bond Issue are Gazprombank and Raiffeisenbank. TheCo-Arrangers are Bank Soyuz, Renaissance Capital, International Moscow Bank andEvrofinance-Mosnarbank. The underwriter of the Issue is Raiffeisenbank. - End - Enquiries to: Tanja Djurdjevic Citigate Dewe Rogerson Investor Relations David Westover / Marina Zakharova / Mobile : +7 095 724 6414 Lucie Holloway Email : ir@e5.ru +44 (0)20 7638 9571 Notes to Editors: Pyaterochka is the largest grocery retailer in Russia in terms of sales, with achain of 310 company-managed stores located in the Moscow and St. Petersburgareas as of 9 December 2005. In addition to the company's own stores, franchisees operate 400Pyaterochka-branded stores in the Russian regions outside of Moscow and St.Petersburg, Kazakhstan and Ukraine as of 9 December 2005. Pyaterochka's stores are conveniently located "soft" discount stores, open sevendays a week from 9am to 10pm, offering a product range of up to 4,500 itemscovering the day-to-day needs of its customers. The information contained herein is not for publication or distribution in theUnited States of America. These materials do not contain or constitute an offerof securities for sale in the United States. The securities of PyaterochkaHolding N.V. have not been and will not be registered under the U.S. SecuritiesAct of 1933, as amended, and may not be offered or sold in the United Statesabsent registration under that Act or an available exemption from it. This announcement does not constitute an advertisement, an offer to sell or thesolicitation of an offer to purchase any securities in the Russian Federation orany other jurisdiction. These materials are directed only at (a) persons who have professionalexperience in matters relating to investments who fall within Article 19(1) ofthe Financial Services and Markets Act 2000 (Financial Promotion) Order 2001(the "Order") or (b) high net worth entities, and other persons to whom it mayotherwise lawfully be communicated, falling within Article 49(1) of the Order(all such persons together being referred to as "relevant persons"). Any personwho is not a relevant person should not act or rely on these materials. Personsdistributing these materials must satisfy themselves that it is lawful to do so. This information is provided by RNS The company news service from the London Stock Exchange