OJSC MAGNIT: Change of Share

Press-release 
Krasnodar 
April 22, 2013 
OJSC "Magnit" Announces Change of Share in the Charter Capital 
Krasnodar, April 22, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), announces change of share in the charter
capital of OJSC "Magnit" (ordinary shares stake) owned by Khachatur
Pombukhchan, the chairman of the Board of OJSC "Magnit" directors, from 0.00243
% to 0.00248%. 
Name and position of the   Khachatur Pombukhchan, the chairman of the Board of 
person:                    OJSC "Magnit" directors                              
                                                                           
Company:                   Open joint-stock company "Magnit", 15/5, Solnechnaya 
                       street, Krasnodar, Russia                            
                                                                           
Share in charter capital   0.00243%                                            
before change:                                                                  
                                                                           
Ordinary shares stake      0.00243%                                            
before change:                                                                  
                                                                           
Share in charter capital   0.00248%                                            
after change:                                                                   
                                                                           
Ordinary shares stake      0.00248%                                            
after change:                                                                   
                                                                           
Date of change of share in April19, 2013                                       
the charter capital:                                                            
                                                                           
Date of the fact being     April22, 2013                                       
reported:                                                                       
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 Russian 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/22/2013 06:57 GMT


 
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