OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces 33% retail sales growth in rubles for April 2013.

During April 2013 the Company opened (net) 92 stores. The total store base reached 7,167 stores (6,305 convenience stores, 134 hypermarkets, 22 “Magnit Family” stores and 706 cosmetics stores).

Preliminary consolidated unaudited net retail revenue (excl. VAT) in 4M 2013 increased by 31.02% in ruble terms (compared to 4M 2012) and stood at 176,991.00 million rubles.

April 2013 Key Operating and Financial Highlights:

April 2013

April 2012

Growth Rate

4M 2013

4M 2012

Growth Rate

Number of opened stores, NET

92

64

n/a

283

221

n/a

convenience stores

96

38

n/a

259

136

n/a

hypermarkets

2

2

n/a

8

3

n/a

magnit family

1

0

n/a

2

2

n/a

cosmetics stores

(7)

24

n/a

14

80

n/a

Total number of stores

7,167

5,530

n/a

7,167

5,530

n/a

convenience stores

6,305

5,142

n/a

6,305

5,142

n/a

hypermarkets

134

93

n/a

134

93

n/a

magnit family

22

5

n/a

22

5

n/a

cosmetics stores

706

290

n/a

706

290

n/a

Selling space, thousand sq. m.

2,663.55

2,048.01

30.06%

2,663.55

2,048.01

30.06%

convenience stores

2,057.47

1,687.16

21.95%

2,057.47

1,687.16

21.95%

hypermarkets

414.65

286.28

44.84%

414.65

286.28

44.84%

magnit family

26.94

6.20

n/a

26.94

6.20

n/a

cosmetics stores

164.49

68.36

n/a

164.49

68.36

n/a

Net retail sales, million RUR

45,773.13

34,491.75

32.71%

176,991.00

135,085.18

31.02%

convenience stores

36,088.32

28,440.58

26.89%

140,233.55

112,099.37

25.10%

hypermarkets

8,214.83

5,584.88

47.09%

30,885.73

21,265.15

45.24%

magnit family

703.16

153.69

n/a

2,638.95

455.26

n/a

cosmetics stores

766.81

312.60

n/a

3,232.78

1,265.40

n/a

Net retail sales, million USD

1,461.00

1,170.22

24.85%

5,775.88

4,492.60

28.56%

convenience stores

1,151.88

964.92

19.38%

4,576.35

3,728.15

22.75%

hypermarkets

262.20

189.48

38.38%

1,007.92

707.23

42.52%

magnit family

22.44

5.21

n/a

86.12

15.14

n/a

cosmetics stores

24.48

10.61

n/a

105.50

42.08

n/a