OJSC MAGNIT: Notice of Audited FY 2012 Results

Press-release 
Krasnodar 
March 14, 2013 
OJSC "Magnit" announces the publication date of audited FY2012 financial 
results
in accordance with IFRS 
Krasnodar, March 14, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)
is pleased to announce the publication date of audited FY 2012 financial
results in accordance with IFRS. 
Please be informed that OJSC "Magnit" plans to release its audited FY 2012
financial results in accordance with IFRS on Friday, March 22, 2013. 
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- Mar/14/2013 07:00 GMT


 
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