OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), is pleased to announce the opening of a new hypermarket and a “Magnit Family”.

Please be informed that on December 14, 2013 the Company has opened its 155th hypermarket.

The 155th hypermarket (medium format) is located at Bystrinskaya str./Profsoyuzov str., Surgut, Khanty-Mansiysk autonomous district, Urals federal district. Assortment of the hypermarket consists of more than 13,900 SKUs, out of which about 64% are food items. There are 21 cash desks installed in the sales area. The outlet is owned by the Company. The hypermarket is open 7 days a week from 9 am to 11 pm.

On December 15, 2013 the Company has opened its 37th “Magnit Family” store.

The 37th “Magnit Family” store is located at 16a Titova street, Liski, Voronezh region, Central federal district. Assortment of the store consists of about 5,400 SKUs, out of which about 78% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 9 am to 10 pm.