X5 Retail Regulatory News (FIVE)

22 Sep 2006 07:01

Pyaterochka Holding N.V.22 September 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN 22 September 2006 Pyaterochka Holding N.V. PYATEROCHKA HOLDING N.V. COMPANY STATEMENT Pyaterochka Holding N.V. confirms that it is currently engaged in negotiationswhich may lead to the acquisition of a chain of retail stores and real estateoperating under the Merkado brand in Moscow, Russia. A further statement willbe made in due course. Note to Editors: Pyaterochka Holding N.V. is Russia's largest food retailer in terms of sales.The group has 391 company-managed "Pyaterochka" soft discount stores located inthe Moscow (187), St. Petersburg (185) and Yekaterinburg (19) areas, and 133company-managed "Perekrestok" supermarkets across 14 regions of Central Russiaand Ukraine, including 78 stores in Moscow, as of 30 June 2006. As of 30 June 2006, franchisees operated 479 Pyaterochka branded stores in 20regions of Russia, Ukraine and Kazakhstan. Perekrestok has 10 conveniencestores operated by franchisees in the Moscow area. Pyaterochka and Perekrestok have merged their operations as of 18 May 2006 tocreate the clear leader in the Russian food retail market. Pyaterochka's 2005 net sales (pre-merger) reached USD 1,359 million, with grossbanner sales in 2005 of over USD 2 billion. Perekrestok net sales reached USD1,015 million in 2005. The Group's pro forma (assuming both chains contribution from 1 January 2006)net sales for the first half of 2006 were US $1,581 million. During 1H 2006,the Pyaterochka chain provided US $906 million of net sales, while thePerekrestok chain contributed US $675 million of net sales. - End - Enquiries to: Pyaterochka Holding N.V. Gennady Frolov Head of Corporate Communications Office +7 495 984 6956 Mobile +7 495 998 3335 Email gennady.frolov@e5group.ru This information is provided by RNS The company news service from the London Stock Exchange