Change of Address of NSD

Press-release Krasnodar December 9, 2013 OJSC "Magnit" Announces the Change of the Location Address of the NationalSettlement Depository Krasnodar, December 9, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; the "Issuer"; MICEX and LSE: MGNT), announces the change of thelocation address of the National Settlement Depository. Please be informed that on August 15, 2013 the location address of the NationalSettlement Depository has changed. Full company name, the company's registration data and location address: Non-banking credit organizationc losed joint-stock company National SettlementDepository Taxpayer Id Number: 7702165310 Principle State Registration Number: 1027739132563 12 Spartakovskayastreet, Moscow Agent's services rendered by the organization engaged by the Issuer: services on paymentsof the nominal value of bonds at their redemption andpayments of the coupon yield against bonds Type of securities: non-convertible interest-bearing certified exchange-traded bonds of the BO-05,BO-06, BO-07, BO-08, BO-09 series to the bearer with the obligatory centralizedcustody; non-convertible interest-bearing certifiedbonds of the 01 series to the bearerwith the obligatory centralized custody State registration number of the securities issue and the date of registration: 4В02-05-60525-Р and 4В02-06-60525-Р of February 16, 2011; 4В02-07-60525-Р, 4В02-08-60525-Р and 4В02-09-60525-Р ofAugust 10, 2011; 4-01-60525-Р of December 27, 2012 correspondingly. 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, the company isheadquartered in the southern Russian city of Krasnodar. As of September 30,2013, Magnit operated 19 distribution centers and over 7,600 stores (6,783convenience, 178 hypermarkets, and 685 cosmetics) in more than 1,760 cities andtowns throughout 7 federal regions of the Russian Federation. In accordance with its reviewed IFRS consolidated financial statements, Magnithad 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) andits GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit ratingfrom Standard & Poor's of BB. Measured by market capitalization, Magnit is nowEurope's 2nd largest food retailer.