Change of the Address of the Registrar

Press-release Krasnodar June 27, 2013 OJSC "Magnit"Announces the Change of the Location Address of its Registrar Krasnodar, June 27, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; the "Issuer"; MICEX and LSE: MGNT), announces the change of thelocation address of its registrar - OJSC "Objedinennaya registratsionnayakompaniya". Please be informed that on June 10, 2013 the location address of the registrarof OJSC "Magnit" - OJSC "Objedinennaya registratsionnaya kompaniya" (ORK) - haschanged. Full company name, the company's registration data and location address: Open joint-stock company "Objedinennaya registratsionnaya kompaniya" Building 1, 30 Buzheninova str., Moscow,107996, Russian Federation Taxpayer Id Number: 7705108630 Principle State Registration Number: 1027700036540 Agent's services rendered by the organization involved by the Issuer: services on payment of dividends, announced by the Issuer, and accounting ofpaid, non-paid and returned dividends Type of securities, state registration number of the securities issue and thedate of registration: Ordinary registered shares, 1-01-60525-P ofMarch 4, 2004 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 e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5101 Mob.: +7-961-511-02-02 Direct line for investors only: +7 (861) 277-45-62 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 March31, 2013, Magnit operates 18 distribution centers and over 7,000 stores (6,209convenience, 153 hypermarkets, and 713 cosmetics) in more than 1,600 cities andtowns throughout 7 federal regions of the Russian Federation. In accordance with its audited IFRS consolidated financial statements foryear-end 2012, Magnit had revenues of $14.43 billion USD and an EBITDA of $1.52billion USD. 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 hasa credit rating from Standard & Poor's of BB. Measured bymarket capitalization, Magnit is now Europe's 2nd largest retailer.