OREANDA-NEWS. October 3, 2012. OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) announces change of share in the charter capital of OJSC “Magnit" (ordinary shares stake) owned by Khachatur Pombukhchan, the chairman of the Board of OJSC “Magnit” directors, from 0 % to 0.00007%.

Name and position of the person:

Khachatur Pombukhchan, the chairman of the Board of OJSC “Magnit” directors

Company:

Open joint-stock company “Magnit”, 15/5, Solnechnaya street, Krasnodar, Russia

Share i n charter capital before change:

0%

Ordi nary shares stake before change:

0%

Share i n charter capital after change:

0.00007%

Ordi nary shares stake after change:

0.00007%

Date of change of share i n the charter capital

September 27, 2012

Date of the fact bei ng reported:

September 28, 2012