OREANDA-NEWS. November 12, 2007. X5 Retail Group N.V. – Russia’s largest grocery retailer in terms of sales – announced today that Gennady Frolov, Head of Corporate Communications, is leaving the company as of November 15 for personal reasons.

"Being responsible for public and investor relations of X5, Gennady has made an important contribution to setting up the Group’s corporate communications, consolidating its business reputation and strengthening the investor community’s confidence in X5, both in Russia and internationally,” - Lev Khasis, X5 Retail Group CEO stated. – “We respect Gennady’s decision, we wish him all the best for the future and are sure he has many further professional achievements ahead of him.”