OJSC MAGNIT: Interest Rate of Coupon Yield Against Bonds
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February 20, 2013
OJSC "Magnit" Announces the Interest Rate of the Coupon Yield against Bonds
Krasnodar, February 20, 2013: OJSC "Magnit" (the "Company"; the "Issuer", MICEX and LSE: MGNT) announces the interest rate of the 1st, 2nd, 3rd, 4th, 5th and 6th coupon yield against bonds.
By the decision of the sole executive body (Chief Executive Officer) (the decision of the CEO of the Issuer w/n of 20.02.2013) the interest rate of the 1st, 2nd, 3rd, 4th, 5th and 6th coupon yield against Bonds was defined according to the Resolution authorizing the issue of Bonds approved by the decision of the BOD of the Issuer of October 29, 2012. Minutes w/n of October 29, 2012).
Parameters of the bond issue:
Type of securities: interest-bearing non-convertible certified bonds of
the 01 series to the bearer with the obligatory centralized custody
Identification code and № 4-01-60525-Pas of 27.12.2012
date of its assignment to the issue:
Reporting (coupon) period 1stcoupon period (26.02.2013 - 27.08.2013) which the yield is paid for: 2ndcoupon period (27.08.2013 - 25.02.2014)
3rdcoupon period (25.02.2014 - 26.08.2014) 4thcoupon period (26.08.2014 - 24.02.2015) 5thcoupon period (24.02.2015 - 25.08.2015) 6thcoupon period (25.08.2015 - 23.02.2016)
Total amount of the 8.50(eight point fivezero percent)per annum or 221,9 interest subject to 00,000rubles (two hundred and twenty-one millionnine payment against bonds of hundred thousand rubles 00 kopecks) for each coupon each series: period
The amount of the 42.38rubles (forty-tworubles 38kopecks) interest subject to payment against one bond of each series:
Method of payment: Monetary funds in the currency of the Russian
Federation by means of non-cash settlement
Date of the obligation 1stcoupon period (27.08.2013) fulfillment:
2ndcoupon period (25.02.2014) 3rdcoupon period (26.08.2014) 4thcoupon period (24.02.2015) 5thcoupon period (25.08.2015) 6thcoupon period (23.02.2016) 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 million USD and a consolidated EBITDA of $1,524 million USD. END -0- Feb/20/2013 14:25 GMT