OREANDA-NEWS. OJSC "Magnit" (the “Company”; MICEX and LSE: MGNT) is pleased to announce the holding of the board of directors meeting.

On January 29, 2013 the Chairman of the board of directors made the decision to hold the BOD meeting on February 4, 2013 with the following agenda:

Consideration of proposals for inclusion as items on the agenda of the annual general shareholders’ meeting of OJSC “Magnit”.

Consideration of proposals for the nomination of candidates to stand for election to the board of directors, the revision commission and the counting commission of OJSC "Magnit" at the annual general shareholders’ meeting of OJSC “Magnit”.

Consideration of proposals for the nomination of candidates to stand for election as the auditor of OJSC "Magnit" at the annual general shareholders’ meeting of OJSC “Magnit”.