OREANDA-NEWS. OJSC "Magnit" (the “Company”, the “Issuer”, MICEX and LSE: MGNT) announces the completion of the bonds placement.

Please be informed that today, February 26, 2013, the Issuer completed the placement of its bonds of the 01 series.

Details of the bonds placement:

Type of securities:

Interest-bearing non-convertible certified bonds of the 01 series to the bearer with the obligatory centralized custody

Maturity date:

On the 1092nd day from the date of the placement initiation of the bonds

State registration number of the issuance and date of registration:

4-01-60525-P as of 27.12.2012

Registration authority:

FFMS of Russia

Nominal value:

1,000 rubles each

Placement method:

Open subscription

Date of the actual initiation of the placement:

February 26,2013

Date of the actual completion of the placement:

February 26,2013

Amount of the placed securities:

5,000,000 bonds

Share of the placed securities out of the total number of securities subject to placement:

100%

Actual placement price:

5,000,000 bonds were placed at the price of 1,000 rubles per each bond

Payment method:

5,000,000 bonds were paid for with monetary funds

No related-party transactions or major transactions were executed during the placement of the bonds of the 01 series.