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OJSC MAGNIT: 200 Thousand Employees

Press-release 
Krasnodar 
August 19, 2013 
Krasnodar, August 19, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), is pleased to announce that its total
headcount has now exceeded 200 thousand. 
Please be informed that the total headcount of OJSC "Magnit" group of companies
has exceeded 200 000, including over 183 000 active employees (about 17 000 are
on maternity leave). 
The Company's personnel breakdown is the following: 
69% - in-store personnel; 
20% - people engaged in distribution; 
7% - people in regional branches; 
3% - employed by the Head Office. 
OJSC "Magnit" is the largest private employer in Russia. 
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     


                                                                               
                                        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 the unaudited IFRS management accounts for 1H 2013, Magnit
had revenues of $8,796 million USD and an EBITDA of $889 million 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- Aug/19/2013 10:24 GMT


 
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