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

August 4, 2014 Acquisition of shares

Amount of acquired shares: 10,777 shares (0.011397% of the total equity)

Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange, Repurchase Agreement

Amount of votes before acquisition: 278,733 votes (0.294764% of the total number of votes)

Amount of votes after acquisition: 289,510 votes (0.306161% of the total number of votes)

August 4, 2014 Disposal of shares

Amount of disposed shares: 3,474 shares (0.003674% of the total equity)

Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal: 289,510 votes (0.306161% of the total number of votes)

Amount of votes after disposal: 286,036 votes (0.302487% of the total number of votes)