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 1, 2013

Acquisition of shares

Amount of acquired shares:

3,556 shares (0.0038% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition:

70,475 votes (0.0745% of the total number of votes)

Amount of votes after acquisition:

74,031 votes (0.0783% of the total number of votes)

July 1, 2013

Disposal of shares

Amount of disposed shares:

3,537 shares (0.0037% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

74,031 votes (0.0783% of the total number of votes)

Amount of votes after disposal:

70,494 votes (0.07454% of the total number of votes)

July 2, 2013

Acquisition of shares

Amount of acquired shares:

8,082 shares (0.0085% 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:

70,494 votes (0.07454% of the total number of votes)

Amount of votes after acquisition:

78,576 votes (0.0831 % of the total number of votes)

July 2, 2013

Disposal of shares

Amount of disposed shares:

6,534 shares (0.0069% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

78,576 votes (0.0831 % of the total number of votes)

Amount of votes after disposal:

70,042 votes (0.0762% of the total number of votes)