OREANDA-NEWS. OJSC "Magnit", Russia's largest food retailer (the "Company"; MICEX and LSE: MGNT), announces change of share in the charter capital of OJSC "Magnit" (ordinary shares stake) owned by Sergey Galitskiy, Chief Executive Officer of OJSC "Magnit", the member of the OJSC "Magnit" Board of Directors, the chairman of the OJSC "Magnit" Management Board.

Name and position of the person:

Sergey Galitskiy, Chief Executive Officer of OJSC "Magnit", the member of the OJSC "Magnit" Board of Directors, the chairman of the OJSC "Magnit" Management Board

Company:

Open joint-stock company "Magnit", 15/5, Solnechnaya street, Krasnodar, Russia

Share in the charter capital before change:

38.6659%

Ordinary shares stake before change:

38.6659%

Share in the charter capital after change:

38.1371%

Ordinary shares stake after change:

38.1371%

Date of change of share in the charter capital:

September 11, 2014

Date of the fact being reported:

September 11, 2014