OJSC MAGNIT: Change of Share

Press-release 
Krasnodar 
January 10, 2013 
OJSC "Magnit" announces change of share of the BoD members and members of the
Management Board in the charter capital 
Krasnodar, January 10, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)
announces change of share of the BoD members and members of the Management
Board in the charter capital. 
Name of issuer 
Open Joint Stock Company "Magnit," a company incorporated and existing under
the laws of the Russian Federation with its registered address at 15/5
Solnechnaya street, Krasnodar, Krasnodar region, Russian Federation. 
On January 10, 2013 the Company has been notified of the following changes of
share of the BoD members and members of the Management Board in its charter
capital (date of change: January 9, 2013). 
Name and      Share in     Share of ordinary     Share in        Share of    
  position   charter capital    shares owned    charter capital ordinary shares 
          before change    before change     after change    after change   
                                                                           
Arutyunyan       0,2038%          0,2038%           0,2054%         0,2054%    
Andrey                                                                          
                                                                           
the first                                                                      
deputy CEO,                                                                     
                                                                           
BoD member                                                                      
                                                                           
Butenko          0,0798%          0,0798%           0,0814%         0,0814%    
Valeriy                                                                         
                                                                           
BoD member                                                                      
                                                                           
Ivanova          0,0061%          0,0061%           0,0063%         0,0063%    
Marina                                                                          
                                                                           
member of                                                                      
the                                                                            
Management                                                                     
Board                                                                           
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 December 31, 2012 the chain
consisted of 6,046 convenience stores, 126 hypermarkets, 20 "Magnit Family"
stores and 692 cosmetics stores (drogerie) in 1,605 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 December 31, 2012 Magnit operated an in-house logistics system consisting
of 18 distribution centers, employing automated stock replenishment systems and
a fleet of 4,401 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- Jan/10/2013 09:44 GMT


 
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