Dear All!

We are happy to confirm that X5 will issue its Q2&H1 2009 Financial Results on Thursday, August 27, at around 10am Moscow time.  Later that day the Company will host a conference call for investors and analysts to discuss recent Company developments and results.

We will send out the invitation to the conference call with confirmed time of the call and the dial-in details on Monday, August 24.

Please do not hesitate to contact us should you have any questions.