Krasnodar, December 9, 2013: OJSC “Magnit”, Russia’s largest retailer (the “Company”; the “Issuer”; MICEX and LSE: MGNT), announces the change of the location address of the National Settlement Depository.

Please be informed that on August 15, 2013 the location address of the National Settlement Depository has changed. Full company name, the company’s registration data and location address:

Non-banking credit organization closed joint-stock company National Settlement Depository

Taxpayer Id Number: 7702165310

Principle State Registration Number: 1027739132563

12 Spartakovskaya street, Moscow

Agent’s services rendered by the organization engaged by the Issuer:

services on payments of the nominal value of bonds at their redemption and payments of the coupon yield against bonds

Type of securities:

non-convertible interest-bearing certified exchange-traded bonds of the BO-05, BO-06, BO-07, BO-08, BO-09 series to the bearer with the obligatory centralized custody;

non-convertible interest-bearing certified bonds of the 01 series to the bearer with the obligatory centralized custody

State registration number of the securities issue and the date of registration:

4В02-05-60525-Р and 4В02-06-60525-Р of February 16, 2011;

4В02-07-60525-Р, 4В02-08-60525-Р and 4В02-09-60525-Р of August 10, 2011;

4-01-60525-Р of December 27, 2012 correspondingly.

OJSC “Magnit” announces the change of the location address of the National Settlement Depository