OREANDA-NEWS. OJSC "Magnit" (the “Company”, the “Issuer”; MICEX and LSE: MGNT) announces the initiation of the exchange-traded bonds placement. The Issuer initiates the placement of its exchange-traded bonds of the BO-08/BO-09 series.

Data on the bonds placement:

Type of securities:

Non-convertible interest-bearing certified exchange-traded bonds of the B0-08/B0-09 series to the bearer with the obligatory centralized custody

Maturity date:

On the 1092nd day from the date of the placement initiation of the exchange-traded bonds

Identification number of the issue and date of its assignment:

4B02-08-60525-P/4B02-09-60525-P as of 10.08.2011

Registration authority:

Close joint-stock company “MICEX Stock Exchange"

Amount of securities to be placed:

5,000,000 bonds / 5,000,000 bonds

Nominal value:

1,000 rubles each

Placement method:

Open subscription

Pre-emptive right:

Not provided

Placement price:

1,000 rubles per each exchange-traded bond (100 percent of the nominal value)

Placement initiation date:

April 2, 2013

Placement completion date:

April 2, 2013