OJSC MAGNIT: Filing of an Application to Register Securities Issue

OJSC MAGNIT: Filing of an Application to Register Securities Issue
Not for release, publication or distribution in Australia, Canada, Japan or the
United States. 
These materials are not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
with the United States Securities and Exchange Commission or an exemption from
registration under the U.S. Securities Act of 1933, as amended. OJSC Magnit has
not registered and does not intend to register any part of the offering in the
United States or to conduct a public offering of any securities in the United
States. 
This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and
other persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above
together being referred to as "relevant persons"). The securities are only
available to, and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents. 
In any EEA Member State that has implemented Directive 2003/71/EC (such
Directive, together with any applicable implementing measures in the relevant
home Member State under such Directive, the "Prospectus Directive") this
communication is only addressed to and is only directed at qualified investors
in that Member State within the meaning of the Prospectus Directive. 
Securities of OJSC Magnit have not been and will not be registered under the
applicable securities laws of Australia, Canada or Japan and, subject to
certain exceptions, may not be offered or sold within Australia, Canada or
Japan or to, or for the account or benefit of, citizens or residents of
Australia, Canada or Japan except under circumstances which will result in the
full compliance with the applicable laws and regulations promulgated by the
relevant regulatory authorities in effect at the relevant time. 
                                                                            
                                                                           
Press-release 
Krasnodar 
November 23, 2012 
OJSC "Magnit" announces the submission of the application for the state 
registration of the securities issue 
Krasnodar, November 23, 2012: OJSC «Magnit» (the "Company", the "Issuer"; 
MICEX
and LSE: MGNT) announces the submission of the application for the state
registration of the securities issue. 
Please be informed that the Company has filed the application for the state
registration of the issue of the following securities on November 23, 2012: 
Type of securities:  Non-convertible interest bearing certified bonds to the    


                     bearer with the obligatory centralized custody of 01, 02, 
                     03 series to be placed by means of open subscription      
                     suitable for advanced redemption upon request of the      
                     holders and at the discretion of the Issuer.              
                                                                               
                     Decision to issue securities (bonds of 01, 02, 03 series),
                     approved by the Board of Directors on October 29, 2012    
                     (minutes w/o No. of November 29, 2012) in accordance with 
                     the decision to place Non-convertible interest bearing    
                     certified bonds to the bearer with the obligatory         
                     centralized custody of 01, 02, 03 series, approved by the 
                     Board of Directors of OJSC "Magnit" on October 29, 2012   
                     (minutes w/o No. of November 29, 2012).                   


                                                                           
Date of the          November 23, 2012                                         
decision:                                                                       
                                                                           
Registering          Federal Financial Markets Service                         
authority:                                                                      
For further information, please contact: 
Oleg Goncharov                  Director, Investor Relations                    
                            e-mail: Goncharov@gw.tander.ru                  
                            Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 
ext. 5100                                       
                            Mob.: +7 (903) 411-40-35                        
                            Direct line for investors only: +7 (861) 277-45-62                                       
                                                                           
Dina Svishcheva                 Manager, Investor Relations                     
                            e-mail: Chistyak@gw.tander.ru                   
                            Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 
ext. 5101                                       
                            Mob.: +7-961-511-02-02                          
                            Direct line for investors only: +7 (861) 277-45-62                                       
Company description: 
Based in Krasnodar, in the Southern region of Russia, Open Joint Stock Company
"Magnit" (LSE and MICEX: MGNT, S&P: "BB-") is the holding company for a group
of entities that operate in the retail trade under the "Magnit" brand. The
chain of "Magnit" stores is one of the leading food retail networks in Russia.
As of September 30, 2012 the chain consisted of 5,523 convenience stores, 105
hypermarkets, 11 "Magnit Family" stores and 480 cosmetics stores (drogerie) in
1,504 locations in the Russian Federation. 
Approximately two-thirds of the Company's stores are located in cities with a
population of less than 500,000 inhabitants. Most of its stores are located in
the Southern, North-Caucasian, Central and Volga regions. The Company also
operates stores in the North-Western, Urals and Siberian regions. 
As of September 30, 2012 the Company operated an in-house logistics system
consisting of 17 distribution centers, employing automated stock replenishment
systems and a fleet of 4,082 vehicles. 
In accordance with the reviewed IFRS consolidated financial statements for 1H
2012, the Company recorded consolidated revenue of approximately US$ 6,776
million and consolidated EBITDA of around US$ 671 million. 
END 
-0- Nov/23/2012 13:24 GMT
 
 
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