OREANDA-NEWS. On 31 July 2008 X5 Retail Group N.V., Russia's largest retailer in terms of sales (LSE ticker: “FIVE”), announced that during the period of time from 11 July through 29 July 2008 its wholly owned subsidiary Perekrestok Holdings Limited purchased the aggregate amount of 267,482 Global Depositary Receipts (“GDRs”) representing  per shares in the capital of its parent company X5, at an average market price of USD 29.35GDR in order to hedge the Company’s obligations under its Employee Stock Option Plan.  Following these transactions as of 30 July 2008 X5 owns 267,482 GDRs as Treasury Stock.