OREANDA-NEWS. March 05, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces the 2nd coupon yield payment against bonds. Dear Ladies and Gentlemen!

We would like to inform you that on March 2, 2012 OJSC "Magnit" fulfilled its obligation of the 2nd coupon yield payment against bonds of B0-05 series in the amount of 199,450,000 rubles.

By decision of CEO of OJSC "Magnit" (the decision of March 2, 2011) the interest rate of the 2nd coupon against exchange-traded bonds was defined as 8.00% per annum.