OREANDA-NEWS. “Magnit”, Russia’s largest 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

August 29, 2013

Acquisition of shares

Amount of acquired shares:

10,956 shares (0.0116% of the total equity)

Basis for acquisition:

Repurchase Agreement

Amount of votes before acquisition:

92,759 votes (0.0981 % of the total number of votes)

Amount of votes after acquisition:

103,715 votes (0.1097% of the total number of votes)

August 29, 2013

Disposal of shares

Amount of disposed shares:

7,997 shares (0.0085% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

103,715 votes (0.1097% of the total number of votes)

Amount of votes after disposal:

95,718 votes (0.1012% of the total number of votes)