6th Coupon Yield Payment and Bonds Issue Redemption

Press-release Krasnodar September 9, 2013 OJSC "Magnit" Announces the 6thC oupon Yield Payment and the Redemption of theNominal Value of Bonds Krasnodar, September 9, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; MICEX and LSE: MGNT), announces the 6th coupon yield payment againstbonds and the redemption of the nominal value of bonds. Please be informed that today OJSC "Magnit" fulfilled its obligation of the 6thcoupon payment against bonds of BO-01/ BO-02/ BO-03 BO-04 series and theredemption of the nominal value of bonds. Parameters of the bond issues: Type of securities: Non-convertible interest-bearing certified e xchange-traded bonds to the bearer of B0-01/B0-02/ B0-03/B0-04series with the obligatory centralized custody Identification codes and № 4B02-01-60525-P/ 4B02-02-60525-P/4B02-03-60525-P/date of their assignment 4B02-04-60525-Pas of 02.02.2010to the issues: Reporting (coupon) period 6thcoupon period (March11, 2013- September9, 2013)which the yield is paidfor: Total amount of the 41,140,000 rubles / 41,140,000 rubles / 61,710,000interest subject to rubles / 82,280,000 rubles correspondingly excludingpayment against bonds of tax and other deductions;each series: 41,134,835 rubles/ 41,139,364 rubles / 61,707,375 rubles / 82,274,598rubles correspondingly adjusted for taxation The amount of the 41.14rubles / 41.14rubles/ 41.14rubles/41.14rublesinterest subject to correspondinglypayment against one bondof each series: Method of payment: Monetary funds in the currency of the Russian Federation by means of non-cash settlement Number of redeemed bonds: 1,000,000 / 1,000,000 / 1,500,000 / 2,000,000 Basis for bonds redemption of the nominal value of bonds according toredemption: the decision on the issue of OJSC "Magnit" securities of 23.12.2009 Date of the obligation September9, 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.