OREANDA-NEWS. January 19, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces change of share of the BoD members and members of the Management Board in the charter capital.

Name of issuer

Open Joint Stock Company "Magnit," a company incorporated and existing under the laws of the Russian Federation with its registered address at 18 Kolkhoznaya street, Krasnodar, Krasnodar region, Russian Federation.

On January 18, 2012 the Company has been notified of the following changes of the BoD members and members of the Management Board in its charter capital.

Name and position

Share in charter capital before change

Share of ordinary shares owned before change

Share in charter capital after change

Share of ordinary shares after change

Arutyunyan Andrey

BoD member

0,2024%

0,2024%

0,2038%

0,2038%

Butenko Valery

BoD member

0,0784%

0,0784%

0,0798%

0,0798%

Pombukhchan Khachatur

Chairman of the BoD

0,0046%

0,0046%

0,0063%

0,0063%

Shkhachemukov Aslan

BoD member

0,0009%

0,0009%

0,0016%

0,0016%

Barsukov Alexander

member of the Management Board

0,0004%

0,0004%

0,0015%

0,0015%

Pisarenko Alexander member of the Management Board

0,0018%

0,0018%

0,0036%

0,0036%

Churikov Nikita

member of the Management Board

0,00004%

0,00004%

0,00017%

0,00017%