Magnit Announces Change of Share of the Entity under 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

December 16, 2014

Acquisition of shares

Amount of acquired shares:

12,800 shares (0.013536% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

280,429 votes (0.296558% of the total number of votes)

Amount of votes after acquisition:

293,229 votes (0.310094% of the total number of votes)

December 16, 2014

Disposal of shares

Amount of disposed shares:

67,397shares (0.071273% of the total equity)

Basis for disposal:

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

Purchase Agreements (off-exchange)

Amount of votes before disposal:

293,229 votes (0.310094% of the total number of votes)

Amount of votes after disposal:

225,832 votes (0.238821% of the total number of votes)

December 17, 2014

Acquisition of shares

Amount of acquired shares:

49,600 shares (0.052453% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

225,832 votes (0.238821% of the total number of votes)

Amount of votes after acquisition:

275,432 votes (0.291273% of the total number of votes)

December 17, 2014

Disposal of shares

Amount of disposed shares:

7,388shares (0.007813% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

275,432 votes (0.291273% of the total number of votes)

Amount of votes after disposal:

268,044 votes (0.283460% of the total number of votes)