Press-release Krasnodar July 18, 2013 OJSC "Magnit" Announces the Acquisition of Shares by the Entity under the Issuer's Control Krasnodar, July 18, 2013: OJSC "Magnit", Russia's largest retailer (the "Company", the "Issuer", MICEX and LSE: MGNT), announces the acquisition of shares by the entity which is under the Issuer's control. Full company name and joint-stock company "Tander" address: 185, Levanevskogo street, Krasnodar, Russia Taxpayer Id Number: 2310031475 Principal State 1022301598549 Registration Number: Object of acquisition: voting shares of the Issuer Date of acquisition: July17, 2013 Amount of acquired shares: 3,878shares (0.0041% of the total equity) Basis for acquisition: Securities Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 74,317 votes (0.0786% of the total number of votes) acquisition: Amount of votes after 78,195 votes (0.0827% of the total number of votes) acquisition: For further information, please contact: Timothy Post Director, Investor Relations Email: email@example.com Office: +7-861-277-4554 x7600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@gw.tander.ru Office: +7-861-277-45-54 x5101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 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 June 30, 2013, Magnit operates 18 distribution centers and over 7,000 stores (6,552 convenience, 164 hypermarkets, and 700 cosmetics) in more than 1,700 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- Jul/18/2013 06:41 GMT
OJSC MAGNIT: Material Fact
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