OJSC MAGNIT: May 2013 Results

Press-release 
Krasnodar 
June 10, 2013 
OJSC "Magnit" Announces 34.48% Retail Sales Growth in Rubles for
May 2013[1] 
Krasnodar, June 10, 2013: OJSC "Magnit", Russia's largest retailer
(the "Company"; MICEX and LSE: MGNT) announces 34.48% retail sales growth in
rubles for May 2013. 
During May 2013 the Company opened (net) 79 stores. The total store
base reached 7,246 stores (6,383 convenience stores, 135 hypermarkets, 24
"Magnit Family" stores and 704 cosmetics stores). 
Preliminary consolidated unaudited net retail revenue (excl. VAT)
in 5M 2013 increased by 31.75% in ruble terms (compared to 5M 2012) and stood
at 225,317.62 million rubles. 
May 2013 Key Operating and Financial Highlights: 
                               May 2013      May 2012      Growth Rate     
5М 2013    5М 2012     Growth Rate
Number of opened stores, NET                79            83             n/a     


      362         304             n/a
              convenience stores            78            54             n/a    
      337         190             n/a
                    hypermarkets             1             3             n/a    
        9           6             n/a
                   magnit family             2             0             n/a    
        4           2             n/a
                cosmetics stores           (2)            26             n/a    


   12         106             n/a 
Total number of stores                   7,246         5,613             n/a     


    7,246       5,613             n/a
              convenience stores         6,383         5,196             n/a    
    6,383       5,196             n/a
                    hypermarkets           135            96             n/a    
      135          96             n/a
                   magnit family            24             5             n/a    
       24           5             n/a
                cosmetics stores           704           316             n/a    


  704         316             n/a 
Selling space, thousand sq. m.        2,690.66      2,079.26          29.40%    
 2,690.66    2,079.26          29.40% 
          convenience stores      2,080.16      1,705.32          21.98%    
 2,080.16    1,705.32          21.98% 
                hypermarkets        416.66        294.07          41.69%     
416.66      294.07          41.69% 


                   magnit family         29.40          6.20             n/a    
    29.40        6.20             n/a


            cosmetics stores        164.44         73.68             n/a     
164.44       73.68             n/a 
Net retail sales, million RUR        48,326.62     35,937.22          34.48%   
225,317.62  171,022.40          31.75% 
          convenience stores     37,993.68     26,679.12          28.01%   
178,227.22  141,778.49          25.71% 
                hypermarkets      8,740.40      5,752.08          51.95%    
39,626.12   27,017.23          46.67% 
               magnit family        755.61        162.84             n/a    
 3,394.56      618.09             n/a 
            cosmetics stores        836.93        343.19             n/a    
 4,069.71    1,608.59             n/a 
Net retail sales, million US$[2]      1,546.89      1,172.04          31.98%    
 7,323.62    5,664.98          29.28% 
          convenience stores      1,216.14        967.94          25.64%    
 5,793.01    4,696.30          23.35% 
                hypermarkets        279.77        187.60          49.14%    
 1,287.99      894.92          43.92% 
               magnit family         24.19          5.31             n/a     
110.34       20.47             n/a 
            cosmetics stores         26.79         11.19             n/a     
132.28       53.28             n/a
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: 
Magnit is Russia's largest retailer. Founded in 1994 by Sergey
Galitskiy, the company is headquartered in the southern Russian city of
Krasnodar. As of March 31, 2013, Magnit operates 18 distribution centers and
over 7,000 stores (6,209 convenience, 153 hypermarkets, and 713 cosmetics) in
more than1,600 cities and towns throughout 7 federal regions of the Russian
Federation. 
In accordance with its audited IFRS consolidated financial
statements for year-end 2012, Magnit had revenues of $14.43 billion USD and an
EBITDA of $1.52 billion USD. Magnit's local shares are traded on the Moscow
Stock Exchange (MICEX: MGNT) and its GDRs on the London Stock Exchange (LSE:
MGNT) and it has a credit rating from Standard & Poor's of BB. Measured by
market capitalization, Magnit is now Europe's 2nd largest retailer. 
--------------------------------- 
[1] According to management accounts 
[2] Based on the average exchange rate for May 2013 of 31.2411 RUB
per 1 USD, May 2012 - 30.6620 RUB per 1 USD, 5M 2013 - 30.7659 RUB per 1 USD,
5M 2012 - 30.1894 RUB per 1 USD 
END 
-0- Jun/10/2013 06:00 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.