OREANDA-NEWS. OJSC “Magnit”, Russia's largest food retailer (the “Company”; MICEX and LSE: MGNT), announces change of share in the charter capital of OJSC “Magnit" (ordinary shares stake) owned by Khachatur Pombukhchan, the chairman of OJSC “Magnit” Board of Directors, and Marina Ivanova, the member of the OJSC “Magnit” Management Board.

Name and position of the person: Khachatur Pombukhchan, the chairman of OJSC “Magnit” Board of Directors

Company: Open joint-stock company “Magnit”, 15/5, Solnechnaya street, Krasnodar, Russia

Share in charter capital before change: 0.001079%

Ordinary shares stake before change: 0.001079%

Share in charter capital after change: 0.00111%

Ordinary shares stake after change: 0.00111%

Date of change of share in the charter capital: July 22, 2014

Date of the fact being reported: July 23, 2014

Name and position of the person: Marina Ivanova, the member of the OJSC “Magnit” Management Board

Company: Open joint-stock company “Magnit”, 15/5, Solnechnaya street, Krasnodar, Russia

Share in charter capital before change: 0.003952%

Ordinary shares stake before change: 0.003952%

Share in charter capital after change: 0.003974%

Ordinary shares stake after change: 0.003974%

Date of change of share in the charter capital: July 22, 2014

Date of the fact being reported: July 23, 2014