OJSC MAGNIT: Completion of Bonds Placement

Not for release, publication or distribution in Australia, Canada, Japan or the
United States. 
These materials are not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
with the United States Securities and Exchange Commission or an exemption from
registration under the U.S. Securities Act of 1933, as amended. OJSC Magnit has
not registered and does not intend to register any part of the offering in the
United States or to conduct a public offering of any securities in the United
This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and
other persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above
together being referred to as "relevant persons"). The securities are only
available to, and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents. 
In any EEA Member State that has implemented Directive 2003/71/EC (such
Directive, together with any applicable implementing measures in the relevant
home Member State under such Directive, the "Prospectus Directive") this
communication is only addressed to and is only directed at qualified investors
in that Member State within the meaning of the Prospectus Directive. 
Securities of OJSC Magnit have not been and will not be registered under the
applicable securities laws of Australia, Canada or Japan and, subject to
certain exceptions, may not be offered or sold within Australia, Canada or
Japan or to, or for the account or benefit of, citizens or residents of
Australia, Canada or Japan except under circumstances which will result in the
full compliance with the applicable laws and regulations promulgated by the
relevant regulatory authorities in effect at the relevant time. 
April 2, 2013 
OJSC "Magnit" Announces the Completion of Bonds Placement 
Krasnodar, April 2, 2013: OJSC «Magnit» (the "Company", the "Issuer", MICEX 
LSE: MGNT) announces the completion of the exchange-traded bonds placement. 
Today, on April 2, 2013, the Issuer completed the placement of its
exchange-traded bonds of the BO-08/BO-09 series. 
Data on the bonds' placement: 
Typeofsecurities:        Non-convertible interest-bearing certified             

                         Exchange-traded bonds of the BO-08/BO-09 series to the 
                         bearer with the obligatory centralized custody        

Maturity date:           On the 1092nd day from the date of the placement        
                     initiation of the exchange-traded bonds                
Identification number of 4B02-08-60525-Р/ 4B02-09-60525-Р as of 10.08.2011     
the issue and date of                                                          
its assignment:                                                                 
Registration authority:  Close joint-stock company "MICEX Stock Exchange"       
Nominal value:           1,000 rubles each                                      
Placement method:        Open subscription                                      
Date of the actual       April 2, 2013                                           
initiation of the                                                              
Date of the actual       April 2, 2013                                         
completion of the                                                              
Amount of the placed     5,000,000 bonds / 5,000,000 bonds                     
Share of the placed      100%                                                  
securities out of the                                                          
total number of                                                                
securities subject to                                                          
Actual placement price:  5,000,000 bonds (each series) were placed at the price 
                     of 1,000 rubles per each exchange-traded bond          
Payment method:          5,000,000 bonds (each series) were paid for with       

                         monetary funds                                        

No related-party transactions or major transactions were executed during the
placement of the exchange-traded bonds of BO-08/BO-09 series

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 audited IFRS consolidated financial statements for 2012,
Magnit recorded consolidated revenues of approximately $14,430 million USD and
a consolidated EBITDA of $1,524 million USD.


-0- Apr/02/2013 11:23 GMT

Press spacebar to pause and continue. Press esc to stop.