OREANDA-NEWS. OJSC "Magnit", Russia's largest food 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

April 9, 2014

Acquisition of shares

Amount of acquired shares:

27,579 shares (0.029165% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

229,308 votes (0.242497% of the total number of votes)

Amount of votes after acquisition:

256,887 votes (0.271662% of the total number of votes)

April 9, 2014

Disposal of shares

Amount of disposed shares:

25,577shares (0.027048% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

256,887 votes (0.271662% of the total number of votes)

Amount of votes after disposal:

231,310 votes (0.244614% of the total number of votes)