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

September 3, 2014

Acquisition of shares

Amount of acquired shares:

17,157shares (0.018144% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

289,620 votes (0.306277% of the total number of votes)

Amount of votes after acquisition:

306,777 votes (0.324421% of the total number of votes)

September 3, 2014

Disposal of shares

Amount of disposed shares:

221 shares (0.000234% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

306,777 votes (0.324421% of the total number of votes)

Amount of votes after disposal:

306,556 votes (0.324187% of the total number of votes)

September 4, 2014

Acquisition of shares

Amount of acquired shares:

51 shares (0.000054% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

306,556 votes (0.324187% of the total number of votes)

Amount of votes after acquisition:

306,607 votes (0.324241% of the total number of votes)

September 4, 2014

Disposal of shares

Amount of disposed shares:

50 shares (0.000053% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

306,607 votes (0.324241% of the total number of votes)

Amount of votes after disposal:

306,557 votes (0.324188% of the total number of votes)