OREANDA-NEWS. March 19, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces the 3rd coupon yield payment against bonds. Dear Ladies and Gentlemen!

We would like to inform you that on March 12, 2012 OJSC "Magnit" fulfilled its obligation of the 3rd coupon redemption against bonds of B0-O1/B0-02/B0-03/B0-04 series in the amount of 41,140,000 rubles / 41,140,000 rubles / 61,710,000 rubles / 82,280,000 rubles correspondingly.

By the decision of CEO of OJSC "Magnit" (as of September 9, 2010) the interest rate of the 3rd coupon against exchange-traded bonds was defined as 8.25% per annum.

Parameters of the bond issue:

Type of securities:

Non-convertible interest-bearing certified Exchange-traded bonds to the bearer of B0-01/B0-02/B0- 03/B0-04 series with the obligatory centralized custody

Identification code and date of its assignment to the issue:

№ 4B02-01-60525-P/4B02-02-60525-P /4B02-03-60525-P /4B02-04-60525-P as of02.02.2010

Assigning authority:

Close joint-stock company "MICEX Stock Exchange"

Date of decision on the interest amount/coupon on the issuer's bonds:

September 9, 2010

Reporting (coupon) period which the yield is paid for:

3d coupon period (September 12, 2011 - March 12, 2012)

Total amount of the interest subject to payment against bonds of each series:

41,140,000 rubles /41,140,000 rubles / 61,710,000 rubles / 82,280,000 rubles correspondingly excluding tax and other deductions;

41,139,973 rubles /41,140,000 rubles / 61,710,000 rubles / 82,279,397 rubles correspondingly adjusted for taxation

The amount of the interest subject to payment against one bond of each series:

41.14 rubles / 41.14 rubles / 41.14 rubles / 41.14 rubles correspondingly

Method of payment:

Monetary funds in the currency of the Russian Federation by means of non-cash settlement

Date of the obligation fulfillment:

March 12, 2012