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 22, 2014

Acquisition of shares

Amount of acquired shares:

3,700 shares (0.003913% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

261,208 votes (0.276231% of the total number of votes)

Amount of votes after acquisition:

264,908 votes (0.280144% of the total number of votes)

August 25, 2014

Disposal of shares

Amount of disposed shares:

7,565 shares (0.008000% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

264,908 votes (0.280144% of the total number of votes)

Amount of votes after disposal:

257,343 votes (0.272144% of the total number of votes)