Exclusion of Exchange-Traded Bonds from Qoutation List

Press-release Krasnodar October 9, 2013 OJSC "Magnit" Announces the Exclusion of its Bonds from the Quotation List "A"Level 1 at MICEX Krasnodar, October 9, 2013: OJSC «Magnit», Russia's largest retailer (the"Company"; MICEX and LSE: MGNT), announces the exclusion of its bonds from theQuotation list "A" Level 1 at MICEX. Please be informed that on September 13, 2013 exchange-traded bonds of theBO-01/BO-02/BO-03/BO-04 series were excluded from the Quotation list "A" Level1, List of securities admitted to trading at CJSC "MICEX Stock Exchange", dueto their redemption (regulation of CJSC "MICEX Stock Exchange" №1233-r as of13.09.2013). Securities market maker: Close joint-stock company "MICEX Stock Exchange" Type of securities: Non-convertible interest-bearing certified e xchange-traded bonds oftheBO-01 /BO-02/BO-0 3 /BO-04 series to the bearer with the obligatory centralized custody(identification number of the issue - 4B02-01-60525-P/ 4B02-0 2-60525-P/ 4B02-03-60525-P / 4B02-04-60525-P as of February 2, 2010) 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.