OREANDA-NEWS. October 23, 2012. OJSC “Magnit” (the “Company”, the “Issuer”, MICEX and LSE: MGNT) announces the acquisition of shares by the entity which is under Issuer’s control.

Full company name and address:

joint-stock company “Tander”

185, Levanevskogo street, Krasnodar, Russia

Taxpayer Id Number:

2310031475

Principal State Registration Number:

1022301598549

Object of acquisition:

voting shares of the Issuer

Amount of acquired shares:

2,500 shares (0.0026% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the organized trading of MICEX Stock Exchange

Amount of votes before acquisition:

61,909 votes (0.065% of the total number of votes)

Amount of votes after acquisition:

64,409 votes (0.068% of the total number of votes)

Date of acquisition

October 10, 2012