OREANDA-NEWS. April 04, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) is pleased to announce the opening of the 95th hypermarket of a small format. Dear Ladies and Gentlemen!

We are glad to inform you that today the Company has opened its 95th hypermarket of a small format located at 313 Golovatogo street (Shopping and entertainment center "Gallery Krasnodar"), Krasnodar. Assortment of the hypermarket consists of more than 7,050 SKUs, out of which about 95% are food items. There are 12 cash desks installed in the sales area. The hypermarket is open 7 days a week from 10 am to 10 pm.