OJSC MAGNIT: List of Affiliated Persons

January 9, 2013 
OJSC "Magnit" Has Published the List of Affiliated Persons as of 31.12.2013 
Krasnodar, January 9, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), announces the publication of the list of
affiliated persons as of 31.12.2013. 
Please be informed that today OJSC "Magnit" has published the list of
affiliated persons as of 31.12.2013. 
The list can be found on the Company's website www.magnit-info.ru and on
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: +7-861-277-4554 x5101          
                                        Mobile: +7-961-511-0202                
                                        Direct Line: +7-861-277-4562           

Company description:

Magnit is Russia's largest retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of September 30,
2013, Magnit operated 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 its reviewed IFRS consolidated financial statements, Magnit
had 1H 2013 revenues of $8.7 billion 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 food retailer.

-0- Jan/09/2014 13:00 GMT

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