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OJSC MAGNIT: Change of the Address of the Registrar



June 27, 2013

OJSC "Magnit"Announces the Change of the Location Address of its Registrar

Krasnodar, June 27, 2013: OJSC "Magnit", Russia's largest retailer (the "Company"; the "Issuer"; MICEX and LSE: MGNT), announces the change of the location address of its registrar - OJSC "Objedinennaya registratsionnaya kompaniya".

Please be informed that on June 10, 2013 the location address of the registrar of OJSC "Magnit" - OJSC "Objedinennaya registratsionnaya kompaniya" (ORK) - has changed.

Full company name, the company's registration data and location address:

Open joint-stock company "Objedinennaya registratsionnaya kompaniya"

Building 1, 30 Buzheninova str., Moscow,107996, Russian Federation

Taxpayer Id Number: 7705108630

Principle State Registration Number: 1027700036540

Agent's services rendered by the organization involved by the Issuer:

services on payment of dividends, announced by the Issuer, and accounting of paid, non-paid and returned dividends

Type of securities, state registration number of the securities issue and the date of registration:

Ordinary registered shares, 1-01-60525-P ofMarch 4, 2004

For further information, please contact:

Timothy Post Director, Investor Relations

                                        Office: +7-861-277-4554 x7600          
                                        Mobile: +7-961-511-7678                
                                        Direct Line: +7-861-277-4562           

Dina Svishcheva Deputy Director, Investor Relations

                                        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.


-0- Jun/27/2013 12:35 GMT

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