Magnit

Notice of Dividend Amount • Sep 26, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

OJSC MAGNIT - Decision to Pay Dividends

PR Newswire

London, September 26

Press-releaseKrasnodarSeptember 26, 2014OJSC "Magnit" Announces the Decision to Pay DividendsKrasnodar, September 26, 2014: OJSC "Magnit", Russia's largest food retailer(the "Company"; MICEX and LSE: MGNT) announces the decision to pay dividendsfor the 6 months of 2014 financial year made by the EGM.The extraordinary general shareholders meeting, held on September 25, 2014,made the decision to pay dividends on OJSC "Magnit" shares in the total amountof 7,404,154,096.50 rubles which is 78.3 rubles per share following the resultsof the 6 months of 2014 financial year.Type of securities: uncertified ordinary registered sharesState registration number of the securities 1-01-60525-P of March 4, 2004issue, date of registration:Governance body of the Issuer which made the General Shareholders Meetingdecision to pay dividends:Date of the decision to pay dividends: September 25, 2014Date and the number of the minutes of Minutes w/o No. of 26.09.2014meeting where the decision to pay dividendswas made:Reporting period which the dividend is paid 6 months of 2014 financial yearfor:Total amount of dividends accrued on shares 7,404, 154,096. 50 rublesfollowing the results of the 6 months of2014 financial year:The amount of dividend accrued on one share 78.3 rublesfollowing the results of the 6 months of2014 financial year:Form of payment: monetary fundsin the currency of the Russian Federation by bank transferDividend payment date for nominees: October 24, 2014Dividend payment date for the other November 18, 2014shareholders:For further information, please contact:Timothy Post Director, Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest food retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of June 30, 2014,Magnit operated 24 distribution centers and over 8,600 stores (7,614convenience, 226 hypermarkets, and 778 drogeries) in approximately 2,000 citiesand towns throughout 7 federal regions of the Russian Federation.In accordance with the reviewed IFRS consolidated financial statements for 1H2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 millionUSD. Magnit's local shares are traded on the Moscow Stock Exchange (MICEX:MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a creditrating from Standard & Poor's of BB. Measured by market capitalization, Magnitis one of the largest retailers in Europe.