OREANDA-NEWS. OJSC "Magnit", Russia's largest food 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

April 18, 2014

Acquisition of shares

Amount of acquired shares:

2,363 shares (0.002499% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

343,145 votes (0.362881% of the total number of votes)

Amount of votes after acquisition:

345,508 votes (0.365380% of the total number of votes)

April 18, 2014

Disposal of shares

Amount of disposed shares:

6,845 shares (0.007239% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

345,508 votes (0.365380% of the total number of votes)

Amount of votes after disposal:

338,663 votes (0.358141% of the total number of votes)