OREANDA-NEWS. OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) announces the 1st coupon yield payment against bonds.

Please be informed that on March 25, 2013 OJSC “Magnit” fulfilled its obligation of the 1st coupon redemption against bonds of BO-07 series in the amount of 221,900,000 rubles.

Parameters of the bond issue:

Type of securities:

Non-convertible interest-bearing certified exchange-traded bonds to the bearer of B0-07 series with the obligatory centralized custody

Identification code and date of its assignment to the issue:

N 4B02-07-60525-P as of 10.08.2011

Reporting (coupon) period which the yield is paid for:

1st coupon period (September24, 2012 - March 25, 2013)

Total amount of the interest subject to payment against bonds of each series:

221,900,000 rubles excluding tax and other deductions; 221,829,618 rubles adjusted for taxation

The amount of the interest subject to payment against one bond of each series:

44.38 rubles

Method of payment:

Monetary funds in the currency of the Russian Federation by means of non-cash settlement

Date of the obligation fulfillment:

March 25, 2013