OREANDA-NEWS. November 9, 2012. OJSC “Magnit” (the “Company”, the “Issuer”, MICEX and LSE: MGNT) announces the acquisition of shares by the entity which is 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: Amount of acquired shares:

voting shares of the Issuer

2,300 shares (0.0024% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the organized trading of MICEX Stock Exchange

Amount of votes before acquisition:

86,630 votes (0.092% of the total number of votes)

Amount of votes after acquisition:

88,930 votes (0.094% of the total number of votes)

Date of acquisition

October 29, 2012