OREANDA-NEWS. OJSC “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

October 21, 2013

Acquisition of shares

Amount of acquired shares:

887 shares (0.000938% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition:

77,717 votes (0.082187% of the total number of votes)

Amount of votes after acquisition:

78,604 votes (0.083125% of the total number of votes)

October 21, 2013

Disposal of shares

Amount of disposed shares:

877 shares (0.000927% of the total equity)

Basis for disposal:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

78,604 votes (0.083125% of the total number of votes)

Amount of votes after disposal:

77,727 votes (0.082197% of the total number of votes)