OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (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 0.00243 % to 0.00248%.

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 in charter capital before change:

0.00243%

Ordinary shares stake before change:

0.00243%

Share in charter capital after change:

0.00248%

Ordinary shares stake after change:

0.00248%

Date of change of share in the charter capital:

April 19, 2013

Date of the fact being reported:

April 22, 2013