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

February 5, 2014

Disposal of shares

Amount of disposed shares:

12,600 shares (0.013325% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

171,417 votes (0.181276% of the total number of votes)

Amount of votes after disposal:

158,817 votes (0.167951% of the total number of votes)

February 6, 2014Disposal of shares

Amount of disposed shares:

1,900 shares (0.002009% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

158,817 votes (0.167951% of the total number of votes)

Amount of votes after disposal:

156,917 votes (0.165942% of the total number of votes)