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:

voting shares of the Issuer

September 13, 2013

Acquisition of shares

Amount of acquired shares:

1,584 shares (0.001675% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

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

86,298 votes (0.091261% of the total number of votes) 87,882 votes (0.092936% of the total number of votes)

September 13, 2013

Disposal of shares

Amount of disposed shares:

1,568 shares (0.001658% of the total equity)

Basis for disposal:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

87,882 votes (0.092936% of the total number of votes)

Amount of votes after disposal:

86,314 votes (0.091278% of the total number of votes)