Magnit Announces Change of Share of Entity under 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

November 12, 2014

Acquisition of shares

Amount of acquired shares:

8,863 shares (0.009373% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

219,200 votes (0.231807% of the total number of votes)

Amount of votes after acquisition:

228,063 votes (0.241180% of the total number of votes)

November 12, 2014

Disposal of shares

Amount of disposed shares:

10,766 shares (0.011385% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

228,063 votes (0.241180% of the total number of votes)

Amount of votes after disposal:

217,297 votes (0.229795% of the total number of votes)

November 13, 2014

Acquisition of shares

Amount of acquired shares:

2,375 shares (0.002512% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

217,297 votes (0.229795% of the total number of votes)

Amount of votes after acquisition:

219,672 votes (0.232306% of the total number of votes)

November 13, 2014

Disposal of shares

Amount of disposed shares:

2,971 shares (0.003142% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

219,672 votes (0.232306% of the total number of votes)

Amount of votes after disposal:

216,701 votes (0.229164% of the total number of votes)