OJSC MAGNIT: 138th Hypermarket Opening

Press-release 
Krasnodar 
June 19, 2013 
OJSC "Magnit" Announces the Opening of the 138th Hypermarket 
Krasnodar, June 19, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), is pleased to announce the opening of the
138th hypermarket of a small format. 
Please be informed that today the Company has opened its 138th hypermarket of a
small format located at 24/20 Kukunina street, Novomoskovsk, Tula region,
Central federal district. Assortment of the hypermarket consists of more than
4,200 SKUs, out of which about 90% are food items. There are 19 cash desks
installed in the sales area. The outlet is owned by the Company. The
hypermarket is open 7 days a week from 9 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/19/2013 06:14 GMT