OREANDA-NEWS. September 25, 2012. OJSC “Magnit” (the “Company”, the “Issuer”, MICEX and LSE: MGNT) announces the record date of the securities holders for the purpose of execution of rights fixed by such securities.

Type of securities:

Non-convertible interest-bearing certified Exchange-traded bonds of the B0-07 series to the bearer with the obligatory centralized custody (identification number of the issue - 4B02-07-60525-P, admitted to trading within the placement as of August 10, 2011)

Rights fixed by the certified securities to the bearer with the obligatory centralized custody:

The right to receive the interest of the nominal value of the Exchange-traded bond (coupon yield), as well as the right to receive the nominal value of the Exchange-traded bond within its redemption term

Record date for the holders of the certified securities to the bearer with the obligatory centralized custody:

1st coupon: March 19, 2013 2nd coupon: September 17, 2013 3rd coupon: March 18, 2014 4th coupon: September 16, 2014 5th coupon: March 17, 2015 6th coupon: September 15, 2015

Based in Krasnodar, in the Southern region of Russia, Open Joint Stock Company “Magnit” (LSE and MICEX: MGNT, S&P: “BB-”) is the holding company for a group of entities that operate in the retail trade under the “Magnit” brand. The chain of “Magnit” stores is one of the leading food retail networks in Russia. As of June 30, 2012 the chain consisted of 5,268 convenience stores, 98 hypermarkets, 5 “Magnit Family” stores and 351 cosmetics stores (drogerie) in 1,461 locations in the Russian Federation.

Approximately two-thirds of the Company's stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North-Caucasian, Central and Volga regions. The Company also operates stores in the North-Western, Urals and Siberian regions.

As of June 30, 2012 the Company operated an in-house logistics system consisting of 16 distribution centers, employing automated stock replenishment systems and a fleet of 4,070 vehicles.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2012, the Company recorded consolidated revenue of approximately USD 6,776 million and consolidated EBITDA of around USD 671 million.