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OJSC MAGNIT: 137th Hypermarket Opening

Press-release 
Krasnodar 
June 13, 2013 
OJSC "Magnit" Announces the Opening of the 137th Hypermarket 
Krasnodar, June 13, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), is pleased to announce the opening of the
137th hypermarket of a small format. 
Please be informed that on June 12, 2013 the Company has opened its 137th
hypermarket of a small format located at 2 Sochinskaya street, Tuapse,
Krasnodar region, Southern federal district. Assortment of the hypermarket
consists of about 5,300 SKUs, out of which about 83% are food items. There are
17 cash desks installed in the sales area. The outlet is owned by the Company.
The hypermarket is open 7 days a week from 10 am to 10 pm. 
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. 



END

-0- Jun/13/2013 06:00 GMT


 
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