OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), announces the change of share of 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

July 3, 2013

Acquisition of shares

Amount of acquired shares:

10,834 shares (0.0114% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange, Repurchase Agreement

Amount of votes before acquisition:

72,042 votes (0.0762% of the total number of votes)

Amount of votes after acquisition:

82,876 votes (0.0876% of the total number of votes)

July 3, 2013

Disposal of shares

Amount of disposed shares:

8,941 shares (0.0094% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

82,876 votes (0.0876% of the total number of votes)

Amount of votes after disposal:

73,935 votes (0.0782% of the total number of votes)

July 4, 2013

Acquisition of shares

Amount of acquired shares:

10,219 shares (0.011% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange, Repurchase Agreement

Amount of votes before acquisition:

73,935 votes (0.0782% of the total number of votes)

Amount of votes after acquisition:

84,154 votes (0.089% of the total number of votes)

July 4, 2013

Disposal of shares

Amount of disposed shares:

4,498 shares (0.0047% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

84,154 votes (0.089% of the total number of votes)

Amount of votes after disposal:

79,656 votes (0.0842% of the total number of votes)