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

March 24, 2014

Acquisition of shares

Amount of acquired shares:

21,278 shares (0.022502% of the total equity)

　

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

Basis for acquisition:

Repurchase Agreement

Amount of votes before acquisition:

281,259 votes (0.297435% of the total number of votes)

Amount of votes after acquisition:

302,537 votes (0.319937% of the total number of votes)

March 24, 2014

Disposal of shares

Amount of disposed shares:

6,546 shares (0.006922% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

302,537 votes (0.319937% of the total number of votes)

Amount of votes after disposal:

295,991 votes (0.313015% of the total number of votes)