Press-release Krasnodar December 7, 2012 OJSC "Magnit" announces the acquisition of shares by the entity under the issuer's control Krasnodar, December 7, 2012: OJSC "Magnit" (the "Company", the "Issuer", MICEX and LSE: MGNT) announces the acquisition of shares by the entity which is under Issuer's control. Full company name and joint-stock company "Tander" address: 185, Levanevskogo street, Krasnodar, Russia Taxpayer Id Number: 2310031475 Principal State 1022301598549 Registration Number: Object of acquisition: voting shares of the Issuer Amount of acquired shares: 11 037 shares (0.0117% of the total equity) Basis for acquisition: Securities Purchase Agreements executed in the organized trading of MICEX Stock Exchange; Securities Purchase Agreement No 06/12/12-AK1 of 06 .12.2012 Amount of votes before 104,740 votes (0.11% of the total number of votes) acquisition: Amount of votes after 115,777 votes (0.1224% of the total number of votes) acquisition: Date of acquisition December 6, 2012 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: Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX: MGNT) 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 cities and towns throughout the Russian Federation. Approximately two-thirds of the Magnit'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 Magnit 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 Magnit recorded consolidated revenues of approximately $6.7 billion USD and a consolidated EBITDA of $671 million USD. END -0- Dec/07/2012 11:18 GMT
OJSC MAGNIT: Material Fact
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