Magnit

Related Party Transaction • Jan 9, 2014

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OJSC MAGNIT - List of Affiliated Persons

PR Newswire

London, January 9

Press-releaseKrasnodarJanuary 9, 2013OJSC "Magnit" Has Published the List of Affiliated Persons as of 31.12.2013Krasnodar, January 9, 2013: OJSC "Magnit", Russia's largest retailer (the"Company"; MICEX and LSE: MGNT), announces the publication of the list ofaffiliated persons as of 31.12.2013.Please be informed that today OJSC "Magnit" has published the list ofaffiliated persons as of 31.12.2013.The list can be found on the Company's website www.magnit-info.ru and onhttp://www.e-disclosure.ru/portal/company.aspx?id=7671For further information, please contact:Timothy Post Director, Investor Relations Email: post@gw.tander.ru Office: +7-861-277-4554 x7600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@gw.tander.ru Office: +7-861-277-4554 x5101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of September 30,2013, Magnit operated 19 distribution centers and over 7,600 stores (6,783convenience, 178 hypermarkets, and 685 cosmetics) in more than 1,760 cities andtowns throughout 7 federal regions of the Russian Federation.In accordance with its reviewed IFRS consolidated financial statements, Magnithad 1H 2013 revenues of $8.7 billion USD and an EBITDA of $890 million USD.Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) andits GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit ratingfrom Standard & Poor's of BB. Measured by market capitalization, Magnit is nowEurope's 2nd largest food retailer.