Press-release Krasnodar August 21, 2013 OJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control Krasnodar, August 21, 2013: OJSC "Magnit", Russia's largest retailer (the "Company", the "Issuer", MICEX and LSE: MGNT), announces the change of share of 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 August 20, 2013 Acquisition of shares Amount of acquired shares: 7,574 shares (0.008% of the total equity) Basis for acquisition: Securities Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 78,945 votes (0.0835% of the total number of votes) acquisition: Amount of votes after 86,519 votes (0.0915% of the total number of votes) acquisition: August 20, 2013 Disposal of shares Amount of disposed shares: 5,012 shares (0.0053% of the total equity) Basis for disposal: Repurchase Agreement Amount of votes before 86,519 votes (0.0915% of the total number of votes) disposal: Amount of votes after 81,507 votes (0.08 62% of the total number of votes) disposal: 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 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/21/2013 12:17 GMT
OJSC MAGNIT: Change of Share
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