OJSC MAGNIT: Change of Share

January 25, 2013 
OJSC "Magnit" Announces Change ofShare of the BoD Members and Members of the
Management Board in the Charter Capital 
Krasnodar, January 25, 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 25, 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 24, 2013). 
Name and       Share in     Share of ordinary     Share in       Share of    
position    charter capital    shares owned       charter        ordinary    

                before change    before change    capital after   shares after 
                                                      change         change    

Pombukhchan        0,0022%          0,0022%          0,0023%        0,0023%    
Chairman of                                                                    
the BoD                                                                         
Sattarov Ilya      0,0022%          0,0022%          0,0005%        0,0005%     
member of the                                                                  
Management Board                                                                 


For further information, please contact:

Timothy Post                            Director, Investor Relations           
                                        e-mail: Post@gw.tander.ru              

                                    Tel. in Krasnodar +7 (861) 277-45-54, 
210-98-10 ext. 7600                     
                                    Mob.: +7 (961) 511-76-78                
                                    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 unaudited IFRS management accounts for 2012, Magnit
recorded consolidated revenues of approximately $14,430 billion USD and a
consolidated EBITDA of $1,524 million USD. 
-0- Jan/25/2013 11:20 GMT
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