OREANDA-NEWS. December 18, 2012. Please be informed that the Company has made dividend payment on its shares following the results of 6 months of 2012 financial year.

Type of securities:

ordinary registered shares

State registration number of the issue:

1-01-60525-P as of 04.03.2004

Total amount of dividends accrued on shares following the results of 6 months of 2012 financial year:

1,999,972,658.25 rubles

Amount of dividend accrued on one share following the results of 6 months of 2012 financial year:

21.15 rubles

Form of yield payment:

monetary funds in the currency of the Russian Federation, noncash payment

Payment due date:

November 13, 2012

The Company has effected payment of dividends in the amount of 1,999,970,099.10 rubles.

The outstanding dividend amount is 2,559.15 rubles which represents 0.000128% of the total amount of the announced dividends. Nonpayment is due to the shareholders’ failure to submit the information required for the payment.

Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX: MGNT) 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, 2012 the chain consisted of 5,523 convenience stores, 105 hypermarkets, 11 “Magnit Family” stores and 480 cosmetics stores (drogerie) in 1,504 cities and towns throughout the Russian Federation.

Approximately two-thirds of the Magnit’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, 2012 Magnit operated an in-house logistics system consisting of 17 distribution centers, employing automated stock replenishment systems and a fleet of 4,082 vehicles.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2012, the Magnit recorded consolidated revenues of approximately USD 6.7 billion USD and a consolidated EBITDA of USD 671 million USD.