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

voting shares of the Issuer

Date of disposal:

September 16, 2013

Amount of disposed shares:

6,999 shares (0.007402% of the total equity)

Basis for disposal:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

86,314 votes (0,091278% of the total number of votes)

Amount of votes after disposal:

79,315 votes (0,083877% of the total number of votes)