OREANDA-NEWS. August 9, 2011. OJSC "Magnit" (the "Company"; RTS, MICEX and LSE: MGNT) is pleased to announce the opening of a new distribution center in Dzerzhinsk.

Dear Ladies and Gentlemen!

We are glad to inform you that the Company opened a new distribution center in Dzerzhinsk, Nizhniy Novgorod region. Total space of the warehouse is 30,523 sq. m. Launch of the new distribution center will improve the quality of service in the Central region.

"Magnit" retail chain operates 13 distribution centers with their total capacity of 299,443 sq. m.