Krasnodar, November 27, 2013: OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces that its operating company JSC “Tander” has joined the Code of Good Practice for relationships between retail chains and suppliers of consumer goods (The Code). The Code was signed in 2012 by the industry associations and the associations of retail companies (the RCA) and suppliers (“Rusbrand”, “Rusprodsoyuz”, “Souzmoloko”, Fat-and-Oil Union, National Meat Association, Fish Union), as well as by the Committee of the Chamber of Commerce and Industry of the Russian Federation on Consumer Market Development and the Consumers Union of the Russian Federation. Being a member of the Retail Companies Association (the RCA) “Magnit” retail chain has been following the guidelines of the Code since it was signed by the RCA. Today the Company has officially joined the Code of Good Practice.

OJSC «Magnit» announces that its operating company JSC «Tander» has joined the Code of Good Practice