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

January 6, 2014

Acquisition of shares

Amount of acquired shares:

26 shares (0.000027% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

20,012 votes (0.021162% of the total number of votes)

Amount of votes after acquisition:

20,038 votes (0.021190% of the total number of votes)

January 6, 2014

Disposal of shares

Amount of disposed shares:

2,112 shares (0.002233% of the total equity)

Basis for disposal:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange; Sale and Purchase Agreements (off-exchange)

Amount of votes before disposal:

20,038 votes (0.021190% of the total number of votes)

Amount of votes after disposal:

17,926 votes (0.018957% of the total number of votes)

January 9, 2014

Acquisition of shares

Amount of acquired shares:

2,200 shares (0.002326% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

17,926 votes (0.018957% of the total number of votes)

Amount of votes after acquisition:

20,126 votes (0.021283% of the total number of votes)