OREANDA-NEWS. May 6, 2010. X5 Retail Group N.V., Russia's largest retailer in terms of sales (LSE ticker: “FIVE”), announces new senior management appointment:

Vladislav Ulendeev has been appointed as CEO of IT Business joint venture created by X5 Retail Group and the owners of online stores http://www.bolero.ru/ and http://www.003.ru/.

Vladislav Ulendeev graduated from Military Academy named after M.I. Kalinin and Lomonosov Moscow State University, Faculty of Mechanics and Mathematics. Mr. Ulendeev has more than 11 years of experience in e-commerce. From 1991 to 1993 he served as a general director of computer hardware sellers Steepler and Steepler Trade. In 1994 he was appointed as CEO of Lamport, a wholesale and retail computer hardware company. In 1996 Mr. Ulendeev became the head of CHS Russia, the Russian division of a large international distributor of computer hardware. In 2000 Vladislav Ulendeev was appointed as an executive director of Russian Internet holding eHouse, a prominent player in the Russian e-commerce and internet advertising market.

X5 Retail Group N.V.

LSE-Listed X5 Retail Group N.V. is Russia’s largest food retailer in terms of sales and the only multi-format operator in Russia and with a growing presence in Ukraine and Kazakhstan. The three primary retail investments held by X5 include leading supermarket chain Perekrestok, leading soft discounter chain Pyaterochka and Karusel, one of the leading hypermarket chains in Russia.