OREANDA-NEWS. December 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:

voting shares of the Issuer

Amount of acquired shares:

107 shares (0.00011% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

92,867 votes (0.0982% of the total number of votes)

Amount of votes after acquisition:

92,974 votes (0.0983% of the total number of votes)

Date of acquisition

November 27, 2012