2nd Coupon Yield Payment

Press-release Krasnodar September 23, 2013 OJSC "Magnit" Announces the 2nd Coupon Yield Payment Krasnodar, September 23, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; MICEX and LSE: MGNT), announces the 2nd coupon yield payment againstbonds. Please be informed that today OJSC "Magnit" fulfilled its obligation of the 2ndcoupon redemption against bonds of BO-07 series in the amount of 221,900,000rubles. Parameters of the bond issue: Type of securities: Non-convertible interest-bearing certified exchange-traded bonds to the bearer of B0-07 series with the obligatory centralized custody Identification code and № 4B02-07-60525-P as of 10.08.2011date of its assignment tothe issue: Reporting (coupon) period 2ndcoupon period (March25, 2013- September23, 2013)which the yield is paidfor: Total amount of the 221,900,000 rubles excluding tax and otherinterest subject to deductions;payment against bonds ofeach series: 221,762,670 rubles adjusted for taxation The amount of the 44.38 rublesinterest 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 September 23, 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.