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OJSC MAGNIT: List of Affiliated Persons


Press-release

Krasnodar

July 1, 2013

OJSC "Magnit" Has Published the List of Affiliated Persons as of 30.06 .2013

Krasnodar, July 1, 2013: OJSC "Magnit", Russia's largest retailer (the "Company"; MICEX and LSE: MGNT), announces the publication of the list of affiliated persons as of 30.06.2013.

Please be informed that today OJSC "Magnit" has published the list of affiliated persons as of 30.06.2013.

The list can be found on the Company's website www.magnit-info.ru and on http://www.e-disclosure.ru/portal/company.aspx?id=7671

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 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.

2

END

-0- Jul/01/2013 13:04 GMT

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