OREANDA-NEWS. November 7, 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:

voti ng shares of the Issuer

Amount of acquired shares:

2,333 shares (0.0025% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

77,897 votes (0.082% of the total number of votes)

Amount of votes after acquisition:

80,230 votes (0.085% of the total number of votes)

Date of acquisition

October 23, 2012