OREANDA-NEWS. December 20, 2012. OJSC “Magnit” (the “Company”, the “Issuer”, MICEX and LSE: MGNT) announces the acquisition of shares by the entity which is under Issuer’s control.

Full company name and address:

Taxpayer Id Number:

Principal State Registration Number:

Object of acquisition:

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

Amount of acquired shares:

11 065 shares (0.0117% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the organized trading of MICEX Stock Exchange; Securities Purchase Agreement M10/12J12-AK1 of 10.12.2012

Amount of votes before acquisition:

126,938 votes (0.1342% of the total number of votes)

Amount of votes after acquisition:

138,003 votes (0.1459% of the total number of votes)

Date of acquisition

December 10, 2012