OJSC MAGNIT: Change of Share

Press-release 
Krasnodar 
October 21, 2013 
OJSC "Magnit"Announces the Change of Share ofthe Entity under the Issuer's 
Control 
Krasnodar, October 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                          
October 18, 2013           Disposal of shares                                   
                                                                           
Amount of disposed shares: 1,639 shares (0.001733% of the total equity)          
                                                                           
Basis for disposal:        Securities Purchase Agreements executed in the       
                       trading of MICEX Stock Exchange                      
                                                                           
Amount of votes before     75,156 votes (0.079479% of the total number of      
disposal:                  votes)                                               
                                                                           
Amount of votes after      73,517 votes (0.07 7745% of the total number of     
disposal:                  votes)                                               
October 18, 2013           Acquisition of shares                                
                                                                           
Amount of acquired shares: 4,200 shares (0.004442% of the total equity)          
                                                                           
Basis for acquisition:     Securities Purchase Agreements executed in the       
                       trading of MICEX Stock Exchange                      
                                                                           
Amount of votes before     73,517 votes (0.077745% of the total number of      
acquisition:               votes)                                               
                                                                           
Amount of votes after      77,717 votes (0.082187% of the total number of      
acquisition:               votes)                                               
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
September 30, 2013, Magnit operates 19 distribution centers and over 7,600
stores (6,783 convenience, 178 hypermarkets, and 685 cosmetics) in more than
1,760 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.



END

-0- Oct/21/2013 09:33 GMT


 
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