OJSC MAGNIT: Correction: 1st Coupon Payment (Bonds of 01 series)

State registration number of the bond issue has been corrected from
4-01-06-60525-P to 4-01-60525-P 
                                                                            
                                                                           
Press-release 
Krasnodar 
August 27, 2013 
OJSC "Magnit" Announces the 1st Coupon Yield Payment 
Krasnodar, August 27, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)
announces the 1st coupon yield payment against bonds. 
Please be informed that today OJSC "Magnit" fulfilled its obligation of the
first coupon redemption against bonds of 01 series in the amount of 211,900,000
rubles. 
Parameters of the bond issue: 
Type of securities:       Non-convertible interest-bearing certified bonds to   


                          the bearer with the obligatory centralized custody of 
                          01 series                                     


                                                                           
State registration number № 4-01-60525-P as of 27.12.2012                      
of the issue of                                                                
securities and the date                                                        
of its state                                                                   
registration:                                                                   
                                                                           
Reporting (coupon) period First coupon period (26.02.2013 - 27.08.2013)        
which the yield is paid                                                        
for:                                                                            
                                                                           
Total amount of the       211,900,000 rubles                                   
interest to be paid                                                            
against bonds:                                                                  
                                                                           
The amount of the         42.38 rubles                                         
interest to be paid                                                            
against one bond:                                                               
                                                                           
Method of payment:        Monetary funds in the currency of the Russian         
                      Federation by means of non-cash settlement            
                                                                           
Date of the obligation    August 27, 2013                                        
fulfillment:                                                                    
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/27/2013 11:56 GMT


 
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