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.

joint-stock company Tander

Full company name and address:

185, Levanevskogo street, Krasnodar, Russia

Taxpayer Id Number:

2310031475

Principal State Registration Number:

1022301598549

Object of acquisition:

voting shares of the Issuer

February 18, 2014

Disposal of shares

Amount of disposed shares:

7,920 shares (0.008376% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

136,153 votes (0.143984% of the total number of votes)

Amount of votes after disposal:

128,233 votes (0.135608% of the total number of votes)

February 18, 2014

Acquisition of shares

Amount of acquired shares:

423 shares (0.000447% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

128,233 votes (0.135608% of the total number of votes)

Amount of votes after acquisition:

128,656 votes (0.136056% of the total number of votes)