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 30, 2013

Acquisition of shares

Amount of acquired shares:

1,650 shares (0.001744% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

36,609 votes (0.038714% of the total number of votes)

Amount of votes after acquisition:

38,259 votes (0.040459% of the total number of votes)

December 30, 2013

Disposal of shares

Amount of disposed shares:

18,247shares (0.019296% 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:

38,259 votes (0.040459% of the total number of votes)

Amount of votes after disposal:

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