OREANDA-NEWS. April 03, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) is pleased to announce the opening of the 96th hypermarket of a small format. Dear Ladies and Gentlemen!

We are glad to inform you that today the Company has opened its 96th hypermarket of a small format located at 33 Krasnoarmeyskaya street, Pavlovo, Nizhny Novgorod region. Assortment of the hypermarket consists of about 5,900 SKUs, out of which about 92% are food items. There are 12 cash desks installed in the sales area. The hypermarket is open 7 days a week from 8 am to 10 pm.