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 21, 2014

Acquisition of shares

Amount of acquired shares:

1,855 shares (0.001962% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

213,361 votes (0.225632% of the total number of votes)

Amount of votes after acquisition:

215,216 votes (0.227594% of the total number of votes)

November 21, 2014

Disposal of shares

Amount of disposed shares:

10,473 shares (0.011075% of the total equity)

Basis for disposal:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange, Sale and Purchase Agreements (off-exchange)

Amount of votes before disposal:

215,216 votes (0.227594% of the total number of votes)

Amount of votes after disposal:

204,743 votes (0.216519% of the total number of votes)

November 24, 2014

Acquisition of shares

Amount of acquired shares:

8,650 shares (0.009148% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

204,743 votes (0.216519% of the total number of votes)

Amount of votes after acquisition:

213,393 votes (0.225666% of the total number of votes)

November 24, 2014

Disposal of shares

Amount of disposed shares:

1,018shares (0.001077% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

213,393 votes (0.225666% of the total number of votes)

Amount of votes after disposal:

212,375 votes (0.224590% of the total number of votes)