First Coupon Payment against Bonds of KO-01 series

Press-release Krasnodar August 27, 2013 OJSC "Magnit" Announces the 1st Coupon Yield Payment Krasnodar, August 27, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)announces the 1st coupon yield payment against bonds. Please be informed that today OJSC "Magnit" fulfilled its obligation of thefirst coupon redemption against bonds of 01 series in the amount of 211,900,000rubles. Parameters of the bond issue: Type of securities: Non-convertible interest-bearing certified bonds to the bearer with the obligatory centralized custodyof the KO-01 series State registration number № 4-01-06-60525-P as of 27.12.2012of the issue ofsecurities and the dateof its stateregistration: Reporting (coupon) period firsttcoupon period (26.02.2013 - 27.08.2013)which the yield is paidfor: Total amount of the 211,900,000 rublesinterest to be paidagainst bonds: The amount of the 42.38 rublesinterest to be paidagainst one bond: Method of payment: Monetary funds in the currency of the Russian Federation by means of non-cash settlement Date of the obligation August 27, 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 unaudited IFRS management accounts for 1H 2013, Magnithad revenues of $8,796 million USD and an EBITDA of $889 million USD. Magnit'slocal shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRson the London Stock Exchange (LSE: MGNT) and it has a credit rating fromStandard & Poor's of BB. Measured by market capitalization, Magnit is nowEurope's 2nd largest retailer.