Press-release Krasnodar July 19, 2013 OJSC "Magnit" Announces Change of Share in the Charter Capital Krasnodar, July 19, 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 Khachatur Pombukhchan, the chairman of OJSC "Magnit" Board of Directors, from 0.00258% to 0.0026%. Name and position of the Khachatur Pombukhchan, the chairmanof OJSC "Magnit" person: Board of Directors Company: Open joint-stock company "Magnit", 15/5, Solnechnaya street, Krasnodar, Russia Share in charter capital 0,00258% before change: Ordinary shares stake 0.00258% before change: Share in charter capital 0.0026% after change: Ordinary shares stake 0.0026% after change: Date of change of share in July18, 2013 the charter capital: Date of the fact being July19, 2013 reported: For further information, please contact: Timothy Post Director, Investor Relations Email: firstname.lastname@example.org 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/19/2013 10:34 GMT
OJSC MAGNIT: Change of Share
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