OREANDA-NEWS. September 18, 2012. OJSC "Magnit" (the “Company”; the “Issuer”, MICEX and LSE: MGNT) announces the procedure of exchange-traded bonds placement and terms for the offers’ submission.

On September 17, 2012 the Issuer’s sole executive body (Chief Executive Officer) has determined the procedure of securities’ placement which states that the placement of non-convertible interest-bearing certified exchange-traded bonds to the bearer with the obligatory centralized custody of the B0-07 series (identification code 4B02-07-60525-P) admitted to trading in the course of placement as of August 10, 2011 shall be exercised via book-building at a fixed price and coupon rate for the first coupon period in accordance with the procedure defined by the Decision on securities’ issue.

The offers to execute the Preliminary agreements are to be delivered to the address of CJSC IC “Troika Dialog”.

The term for the offers’ submission to execute the Preliminary agreements with the potential acquirers of the Exchange-traded bonds of the B0-07 series stipulating the liability for the potential acquirers of the Exchange-traded bonds or Participants of the trades acting in their interests to execute in the future the principal agreements on disposal by them of the placed securities starts on September 17, 2012 at 12 pm and ends on September 18, 2012 at 5 pm.