1st Coupon Yield Payment

Press-release Krasnodar 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 againstbonds. Please be informed that today OJSC "Magnit" fulfilled its obligation of the 1stcoupon redemption against bonds of BO-08/BO-09 series in the amount of209,400,000 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 10.08.2011date of its assignment tothe issues: Reporting (coupon) period 1st coupon period (April 2, 2013- October 1, 2013)which the yield is paidfor: Total amount of the 209,400,000 rubles/ 209,400,000 rubles correspondinglyinterest subject topayment against bonds ofeach series: The amount of the 41.88 rubles / 41.88rubles correspondinglyinterest subject topayment against one bondof 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, 2013fulfillment: For further information, please contact: Timothy Post Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x7600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 Dina Svishcheva Deputy Director, Investor Relations Email: [email protected] 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, thecompany is headquartered in the southern Russian city of Krasnodar. As of June30, 2013, Magnit operates 18 distribution centers and over 7,000 stores (6,552convenience, 164 hypermarkets, and 700 cosmetics) in more than 1,700 cities andtowns throughout 7 federal regions of the Russian Federation. In accordance with the reviewed IFRS consolidated financial statements for 1H2013, Magnit had revenues of $8,796 million USD and an EBITDA of $890 millionUSD. 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 creditrating from Standard & Poor's of BB. Measured by market capitalization, Magnitis now Europe's 2nd largest retailer.