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

December 18, 2014

Disposal of shares

Amount of disposed shares:

42,712 shares (0.045169% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

268,044 votes (0.283460% of the total number of votes)

Amount of votes after disposal:

225,332 votes (0.238292% of the total number of votes)

December 19, 2014

Acquisition of shares

Amount of acquired shares:

15,700 shares (0.016603% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

225,332 votes (0.238292% of the total number of votes)

Amount of votes after acquisition:

241,032 votes (0.254895% of the total number of votes)

December 19, 2014

Disposal of shares

Amount of disposed shares:

2,587shares (0.002736% 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:

241,032 votes (0.254895% of the total number of votes)

Amount of votes after disposal:

238,445 votes (0.252159% of the total number of votes)

December 22, 2014Disposal of shares

Amount of disposed shares:

199,783 shares (0.211273% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

238,445 votes (0.252159% of the total number of votes)

Amount of votes after disposal:

38,662 votes (0.040886% of the total number of votes)