OJSC MAGNIT: 1st Coupon Yield Payment

October 1, 2013 
OJSC "Magnit" Announces the 1stC oupon Yield Payment 
Krasnodar, October 1, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), announces the 1st coupon yield payment against
Please be informed that today OJSC "Magnit" fulfilled its obligation of the 1st
coupon redemption against bonds of BO-08/BO-09 series in the amount of
209,400,000 rubles / 209,400,000 rubles correspondingly. 
Parameters of the bond issues: 
Type of securities:       Non-convertible interest-bearing certified e          

                          xchange-traded bonds to the bearer of B0-08/BO-09    
                          series with the obligatory centralized custody       

Identification code and   № 4B02-08-60525-P / 4B02-09-60525-P as of 
date of its assignment to                                                      
the issues:                                                                     
Reporting (coupon) period 1st coupon period (April 2, 2013- October 1, 2013)     
which the yield is paid                                                        
Total amount of the       209,400,000 rubles/ 209,400,000 rubles 
interest subject to                                                            
payment against bonds of                                                       
each series:                                                                    
The amount of the         41.88 rubles / 41.88rubles correspondingly             
interest subject to                                                            
payment against one bond                                                       
of each series:                                                                 
Method of payment:        Monetary funds in the currency of the Russian         
                      Federation by means of non-cash settlement            
Date of the obligation    October 1, 2013                                        
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 reviewed IFRS consolidated financial statements for 1H
2013, Magnit had revenues of $8,796 million USD and an EBITDA of $890 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.


-0- Oct/01/2013 11:25 GMT

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