OJSC MAGNIT: Change of Share

Press-release 
Krasnodar 
June 26, 2013 
OJSC "Magnit" Announces Change of Share in the Charter Capital 
Krasnodar, June 26, 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 Marina Ivanova, the
member of the OJSC "Magnit" Management Board, from 0.00685% to 0.00688%. 
Name and position of the        Marina Ivanova, the member of the OJSC "Magnit"
person:                         Management Board                                
                                                                           
Company:                        Open joint-stock company "Magnit", 15/5,        
                            Solnechnaya street, Krasnodar, Russia           
                                                                           
Share in charter capital before 0.00685%                                       
change:                                                                         
                                                                           
Ordinary shares stake before    0.00685%                                       
change:                                                                         
                                                                           
Share in charter capital after  0.00688%                                       
change:                                                                         
                                                                           
Ordinary shares stake after     0.00688%                                       
change:                                                                         
                                                                           
Date of change of share in the  June 25, 2013                                  
charter capital:                                                                
                                                                           
Date of the fact being          June 26, 2013                                  
reported:                                                                       
For further information, please contact: 
Timothy Post                            Director, Investor Relations            


                                                                               
                                        Email: post@gw.tander.ru               
                                                                               
                                        Office: +7-861-277-4554 x7600          
                                                                               
                                        Mobile: +7-961-511-7678                
                                                                               
                                        Direct Line: +7-861-277-4562           


                                                                           
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 than 1,600 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/26/2013 10:13 GMT