REG-OJSC Magnit: Procedure of Exchange-Traded Bonds Placement
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Not for release, publication or distribution in Australia, Canada, Japan or the United States. These materials are not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. OJSC Magnit has not registered and does not intend to register any part of the offering in the United States or to conduct a public offering of any securities in the United States. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State that has implemented Directive 2003/71/EC (such Directive, together with any applicable implementing measures in the relevant home Member State under such Directive, the "Prospectus Directive") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive. Securities of OJSC Magnit have not been and will not be registered under the applicable securities laws of Australia, Canada or Japan and, subject to certain exceptions, may not be offered or sold within Australia, Canada or Japan or to, or for the account or benefit of, citizens or residents of Australia, Canada or Japan except under circumstances which will result in the full compliance with the applicable laws and regulations promulgated by the relevant regulatory authorities in effect at the relevant time. Press-release Krasnodar March 25, 2013 OJSC "Magnit" Announces the Procedure of Exchange-Traded Bonds Placement and Terms for the Offers' Submission Krasnodar, March 25, 2013: OJSC «Magnit» (the "Company"; the "Issuer", MICEX and LSE: MGNT) announces the procedure of exchange-traded bonds placement and terms for the offers' submission. On March 25, 2013 the Issuer's sole executive body (Chief Executive Officer) has determined the procedure of securities' placement which states that the placement of interest-bearing non-convertible certified exchange-traded bonds of the BO-08/BO-09 series to the bearer with the obligatory centralized custody, identification number of the issuance 4BO-08-60525-P/4BO-08-60525-P, admitted to trades in the process of placement 10.08.2011, shall be exercised via book-building at a fixed price and coupon rate for the first coupon period in accordance with the procedure defined by the Decision on securities' issue. The offers to execute the Preliminary agreements are to be delivered to the address of CJSC "Sberbank CIB". The term for the offers' submission to execute the Preliminary agreements with the potential acquirers of the Exchange-traded bonds of BO-08/BO09 series stipulating the liability for the potential acquirers of the Exchange-traded bonds or Participants of the trades acting in their interests to execute in the future the principal agreements on disposal by them of the placed securities starts on March 25, 2013 at 14 pm and ends on March 26, 2013 at 5 pm. For further information, please contact: Timothy Post Director, Investor Relations e-mail: Post@gw.tander.ru Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 7600 Mob.: +7 (961) 511-76-78 Direct line for investors only: +7 (861) 277-45-62 Dina Svishcheva Deputy Director, Investor Relations e-mail: Chistyak@gw.tander.ru Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5101 Mob.: +7-961-511-02-02 Direct line for investors only: +7 (861) 277-45-62 Company description: Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX: MGNT) is the holding company for a group of entities that operate in the retail trade under the "Magnit" brand. The chain of "Magnit" stores is one of the leading food retail networks in Russia. As of December 31, 2012 the chain consisted of 6,046 convenience stores, 126 hypermarkets, 20 "Magnit Family" stores and 692 cosmetics stores (drogerie) in 1,605 cities and towns throughout the Russian Federation. Approximately two-thirds of the Magnit's stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North-Caucasian, Central and Volga regions. The Company also operates stores in the North-Western, Urals and Siberian regions. As of December 31, 2012 Magnit operated an in-house logistics system consisting of 18 distribution centers, employing automated stock replenishment systems and a fleet of 4,401 vehicles. In accordance with the audited IFRS consolidated financial statements for 2012, Magnit recorded consolidated revenues of approximately $14,430 million USD and a consolidated EBITDA of $1,524 million USD. As defined in the Decisions to issue the Exchange-traded bonds of BO-08/BO-09 series approved by the Board of directors on July 14, 2011, minutes w/o № as of July 14, 2011. END
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