OREANDA-NEWS. May 4, 2012. X5 Retail Group N.V. (“X5” or the “Company”), Russia's largest retailer in terms of revenue (LSE ticker: “FIVE”), announced today the appointment of Frank Michael Mros as the Company’s Soft Discounter Format Director, with effect from 1 June, 2012.

Mr. Mros has over 18 years of retail industry experience in Europe with the leading German discounter chain Lidl. He began his career at Lidl as a retail clerk and worked his way up through management positions in sales and logistics to the senior executive level. As Managing Director of Lidl Germany, Mr. Mros was responsible for 3,000 stores, more than 50,000 employees and turnover of approximately EUR 15 billion. He also led Lidl's entry into Eastern Europe and successful development of the Polish market as Managing Director of Lidl Poland.

Andrei Gusev, CEO of X5 Retail Group, commented:

"Frank's unique experience encompasses the entire retail value chain and will be invaluable to X5. His development of the Polish market provides a strong background as he steps in to lead the growth of the soft discounter format, while his track record of optimizing operational efficiencies complements our proven Pyaterochka business model. "