OREANDA-NEWS. December 19, 2012. OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) announces 35% retail sales growth in rubles in November 20121.

During 11M 2012 the Company opened (net) 1,168 stores. The total store base reached 6,477 stores (5,753 convenience stores, 113 hypermarkets, 17 “Magnit Family” stores and 594 cosmetics stores). Preliminary consolidated unaudited net retail revenue (excl. VAT) in 11M 2012 increased by 33.51% in ruble terms (compared to 11M 2011) and stood at 396,706.95 million rubles.

November 2012 Key Operating and Financial Highlights:

November 2012

November 2011

Growth Rate

11M 2012

11M 2011

Growth Rate

Number of opened stores, NET

196

153

n/a

1,168

968

n/a

convenience stores

122

108

n/a

747

781

n/a

hypermarkets

4

3

n/a

23

27

n/a

magnit family

3

0

n/a

14

2

n/a

cosmetics stores

67

42

n/a

384

158

n/a

Total number of stores

6,477

5,023

n/a

6,477

5,023

n/a

convenience stores

5,753

4,783

n/a

5,753

4,783

n/a

hypermarkets

113

77

n/a

113

77

n/a

magnit family

17

3

n/a

17

3

n/a

cosmetics stores

594

160

n/a

594

160

n/a

Selling space, thousand sq. m.

2,392.58

1,839.29

30.08%

2,392.58

1,839.29

30.08%

convenience stores

1,888.08

1,558.54

21.14%

1,888.08

1,558.54

21.14%

hypermarkets

348.48

239.91

45.25%

348.48

239.91

45.25%

magnit family

20.36

3.80

n/a

20.36

3.80

n/a

cosmetics stores

135.66

37.04

n/a

135.66

37.04

n/a

November 2012

November 2011

Growth Rate

11M 2012

11M 2011

Growth Rate

Net retail sales, million RUR

38,993.84

28,855.88

35.13%

396,706.95

297,134.44

33.51%

convenience stores

31,434.86

24,474.98

28.44%

324,341.21

256,477.47

26.46%

hypermarkets

6,484.24

4,139.25

56.65%

65,289.62

39,425.46

65.60%

magnit family

467.08

86.18

n/a

2,366.57

685.24

n/a

cosmetics stores

607.66

155.47

n/a

4,709.56

546.27

n/a

Net retail sales, million USD 2

1,241.56

934.99

32.79%

12,745.40

10,177.41

25.23%

convenience stores

1,000.88

793.04

26.21%

10,420.43

8,784.83

18.62%

hypermarkets

206.46

134.12

53.93%

2,097.62

1,350.40

55.33%

magnit family

14.87

2.79

n/a

76.03

23.47

n/a

cosmetics stores

19.35

5.04

n/a

151.31

18.71

n/a