OJSC MAGNIT: Material Fact

Press-release 
Krasnodar 
April 16, 2013 
OJSC "Magnit" Announces the Disposal of Shares by the Entity under the Issuer's
Control 
Krasnodar, April 16, 2013: OJSC "Magnit," Russia largest retailer (the
"Company", the "Issuer", MICEX and LSE: MGNT), announces the disposal of shares
by the entity which is under the Issuer's control. 
Full company name and      joint-stock company "Tander"                        
address:                                                                        
                       185, Levanevskogo street, Krasnodar, Russia          
                                                                           
Taxpayer Id Number:        2310031475                                           
                                                                           
Principal State            1022301598549                                       
Registration Number:                                                            
                                                                           
Object of disposal:        voting shares of the Issuer                          
Amount of disposed shares: 35,000 shares (0.037% of the total equity)           
                                                                           
Basis for disposal:        Securities Purchase Agreement №3455320 as of        
                          11.04.2013                                           
                                                                           
Amount of votes before     105,659 votes (0.1117% of the total number of votes)
disposal:                                                                       
                                                                           
Amount of votes after      70,659 votes (0.0747% of the total number of votes)   
disposal:                                                                       
                                                                           
Date of disposal:          April 12, 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, S&P: "BB") 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 the
largest food retail network in Russia. As of March 31, 2013 the chain consisted
of 6,209 convenience stores, 132 hypermarkets, 21 "Magnit Family" stores and
713 cosmetics stores (drogerie) in 1,647 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 March 31, 2013 Magnit operated an in-house logistics system consisting of
18 distribution centers, employing automated stock replenishment systems and a
fleet of 4,448 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.



END

-0- Apr/16/2013 06:29 GMT


 
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