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 the 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:

voti ng shares of the I ssuer

August 22, 2013

Acquisition of shares

Amount of acquired shares:

8,571 shares (0.0091% of the total equity)

Basis for acquisition:

Repurchase Agreement

Amount of votes before acquisition: Amount of votes after acquisition:

81,543 votes (0.0862% of the total number of votes) 90,114 votes (0.0953% of the total number of votes)

August 22, 2013

Disposal of shares

Amount of disposed shares:

5,074 shares (0.0054% of the total equity)

Basis for disposal:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

90,114 votes (0.0953% of the total number of votes)

Amount of votes after disposal:

85,040 votes (0.0899% of the total number of votes)