Krasnodar, June 7, 2012: OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) is pleased to announce the increase of its fleet to 4,000 vehicles.

Dear Ladies and Gentlemen!

We are pleased to inform you that the Company has purchased its 4,000th truck.

Automobile operating companies of OJSC “Magnit” are located in 17 towns of Russia: Bataysk, Kropotkin, Lermontov, Slavyansk-on-Kuban, Erzovka (Volgograd region), Engels, Togliatti, Tver, Oryol, Ivanovo, Veliky Novgorod, Izhevsk, Tambov, Dzerzhinsk, Chelyabinsk, Omsk and Sterlitamak.

Vehicles of the Company make over 2,500 rounds on a daily basis. Today more than 10,300 employees are engaged in transportation.

OJSC “Magnit” announces acquisition of a 4000th truck