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

December 13, 2013

Disposal of shares

Amount of disposed shares:

693 shares (0.000733% of the total equity)

Basis for disposal:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

72,797 votes (0.076984% of the total number of votes)

Amount of votes after disposal:

72,104 votes (0.076251 % of the total number of votes)

December 13, 2013

Acquisition of shares

Amount of acquired shares:

700 shares (0.000740% of the total equity)

Basis for acquisition:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

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

72,104 votes (0.076251 % of the total number of votes) 72,804 votes (0.076991 % of the total number of votes)