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: 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 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
OJSC MAGNIT: Change of Share
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