X5 Retail Regulatory News (FIVE)

26 Jul 2006 07:01

Pyaterochka Holding N.V.26 July 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN 26 July 2006 PYATEROCHKA HOLDING N.V. GDR PURCHASE PROGRAMME UPDATE On 25 July 2006, Pyaterochka Holding N.V. purchased 40,000 company GDRs at agross price of $15.96 per GDR. This purchase was made as part of the company's2006 GDR purchase programme, launched on 30 June 2006. The GDRs will be held astreasury stock and will be used to meet the company's obligations under itsemployee stock option programme. - Ends - 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 as of 30 June 2006. 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. Pyaterochka's Q1 2006 net sales (pre-merger) reached USD 439 million, andPerekrestok Q1 2006 sales were USD 323 million. As of 30 June 2006, franchisees operated 479 Pyaterochka branded stores in 20regions of Russia, Ukraine and Kazakhstan. Perekrestok has 10 convenience storesoperated by franchisees in the Moscow area. Enquiries to: Citigate Dewe Rogerson David Westover / Marina Zakharova Tel +44 (0)20 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange