5th Coupon Yield Payment

Press-release Krasnodar October 22, 2013 OJSC "Magnit" Announces the 5th Coupon Yield Payment Krasnodar, October 22, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; MICEX and LSE: MGNT), announces the 5th coupon yield payment againstbonds. Please be informed that today OJSC "Magnit" fulfilled its obligation of the 5thcoupon redemption against bonds of BO-06 series in the amount of 193,200,000rubles. Parameters of the bond issue: Type of securities: Non-convertible interest-bearing certified exchange-traded bonds to the bearer of B0-06 series with the obligatory centralized custody Identification code and № 4B02-06-60525-P as of 16.02.2011date of its assignment tothe issue: Reporting (coupon) period 5thcoupon period (April23, 2013- October22, 2013)which the yield is paidfor: Total amount of the 193,200,000 rubles excluding tax and otherinterest subject to deductions;payment against bonds ofeach series: 193,131,709rubles adjusted for taxation The amount of the 38.64rublesinterest 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 October22, 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 ofSeptember 30, 2013, Magnit operates 19 distribution centers and over 7,600stores (6,783 convenience, 178 hypermarkets, and 685 cosmetics) in more than1,760 cities and towns 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.