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 27, 2014

Acquisition of shares

Amount of acquired shares:

9,000 shares (0.009518% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

297,575 votes (0.314690% of the total number of votes)

Amount of votes after acquisition:

306,575 votes (0.324207% of the total number of votes)

March 27, 2014

Disposal of shares

Amount of disposed shares:

9,994 shares (0.010569% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

306,575 votes (0.324207% of the total number of votes)

Amount of votes after disposal:

296,581 votes (0.313639% of the total number of votes)