OREANDA-NEWS. October 21, 2011. OJSC "Magnit" (the "Company", the "Issuer", RTS, MICEX and LSE: MGNT) announces the date of the list of holders of securities for the purpose of execution of rights fixed by such securities.

Type of securities

non-convertible interest-bearing exchange-traded bonds to the bearer with the obligatory centralized custody

 

of B0-06series (identification number 4B02-06-60525-P of16.02.2011)

Rights fixed by the certified securities

right to receive interest of the nominal value of exchange-traded bond (coupon yield)

to the bearer with the obligatory

 

centralized custody

 

Date on which the list of holders of the

October 19, 2011

certified securities to the bearer with the

 

obligatory centralized custody is made

 

Based in Krasnodar, in the Southern region of Russia, Open Joint Stock Company "Magnit" is the holding company for a group of entities that operate in the retail trade under the "Magnit" brand. The chain of "Magnit" stores is one of the leading food retail networks in Russia. As of September 30, 2011 the chain consisted of 4,593 convenience stores, 76 hypermarkets and 98 cosmetics stores (drogerie) in 1,325 locations in the Russian Federation.

Approximately two-thirds of the Company's stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North- Caucasian, Central and Volga regions. The Company also operates stores in the North-Western, Urals and Siberian regions.

As of September 30, 2011 the Company operated an in-house logistics system consisting of 14 distribution centers, employing automated stock replenishment systems and a fleet of 3,705 vehicles.

In accordance with the unaudited IFRS consolidated financial statements for 1H 2011, the Company recorded consolidated revenue of approximately USD 5,471 million and consolidated EBITDA of around USD 359 million.