OREANDA-NEWS. December 29, 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:

10,654 shares (0.0113% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the organized trading of MICEX Stock Exchange; Securities Purchase Agreement №17/12J12-AK1 of 17.12.2012

Amount of votes before acquisition:

202,524 votes (0.2141 % of the total number of votes)

Amount of votes after acquisition:

213,178 votes (0.2254% of the total number of votes)

Date of acquisition

December 17, 2012