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OJSC MAGNIT: Publication Date of unaudited FY2012 financial results

OJSC MAGNIT: Publication Date of unaudited FY2012 financial results
Press-release 
Krasnodar 
January 16, 2013 
OJSC "Magnit" announces the publication date of unaudited FY2012 financial
results in accordance with IFRS based on management accounts 
Krasnodar, January 16, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)
is pleased to announce the publication date of unaudited FY 2012 financial
results in accordance with IFRS based on management accounts. 
Please be informed that OJSC "Magnit" plans to release its unaudited FY 2012
financial results in accordance with IFRS based on management accounts on
Tuesday, January 22, 2013. 
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                 Deputy Director, 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/16/2013 07:00 GMT