OREANDA-NEWS. November 22, 2012. OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) announces 36% retail sales growth in rubles in October 2012.

During 10M 2012 the Company opened (net) 972 stores. The total store base reached 6,281 stores (5,631 convenience stores, 109 hypermarkets, 14 “Magnit Family” stores and 527 cosmetics stores). Preliminary consolidated unaudited net retail revenue (excl. VAT) in 10M 2012 increased by 33.34% in ruble terms (compared to 10M 2011) and stood at 357,713.11 million rubles.

October 2012 Key Operating and Financial Highlights:

October 2012

October 2011

Growth Rate

10M 2012

10M 2011

Growth Rate

Number of opened stores, NET

162

103

n/a

972

815

n/a

convenience stores

108

82

n/a

625

673

n/a

hypermarkets

4

1

n/a

19

24

n/a

magnit family

3

0

n/a

11

2

n/a

cosmetics stores

47

20

n/a

317

116

n/a

Total number of stores

6,281

4,870

n/a

6,281

4,870

n/a

convenience stores

5,631

4,675

n/a

5,631

4,675

n/a

hypermarkets

109

74

n/a

109

74

n/a

magnit family

14

3

n/a

14

3

n/a

cosmetics stores

527

118

n/a

527

118

n/a

Selling space, thousand sq. m.

2,324.54

1,782.99

30.37%

2,324.54

1,782.99

30.37%

convenience stores

1,849.71

1,520.20

21.68%

1,849.71

1,520.20

21.68%

hypermarkets

337.68

231.44

45.90%

337.68

231.44

45.90%

magnit family

17.26

3.80

n/a

17.26

3.80

n/a

cosmetics stores

119.89

27.56

n/a

119.89

27.56

n/a

October 2012

October 2011

Growth Rate

10M 2012

10M 2011

Growth Rate

Net retail sales, million RUR

38,380.76

28,171.41

36.24%

357,713.11

268,278.56

33.34%

convenience stores

31,151.08

23,930.88

30.17%

292,906.35

232,002.49

26.25%

hypermarkets

6,267.90

4,026.38

55.67%

58,805.37

35,286.22

66.65%

magnit family

384.76

87.51

n/a

1,899.49

599.06

n/a

cosmetics stores

577.02

126.64

n/a

4,101.90

390.80

n/a

Net retail sales, million USD

1,234.39

898.27

37.42%

11,502.84

9,241.07

24.48%

convenience stores

1,001.87

763.05

31.30%

9,418.88

7,991.52

17.86%

hypermarkets

201.59

128.38

57.02%

1,890.98

1,215.46

55.58%

magnit family

12.37

2.79

n/a

61.08

20.64

n/a

cosmetics stores

18.56

4.04

n/a

131.90

13.46

n/a