OREANDA-NEWS. OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) announces change of share of the BoD members and members of the Management Board i n the charter capital.

Name of issuer

Open Joint Stock Company “Magnit,” a company incorporated and existing under the laws of the Russian Federation with its registered address at 15/5 Solnechnaya street, Krasnodar, Krasnodar region, Russian Federation.

On January 25, 2013 the Company has been notified of the following changes of share of the BoD members and members of the Management Board in its charter capital (date of change: January 24, 2013).

Name and position

Share in charter capital before change

Share of ordinary shares owned before change

Share in charter capital after change

Share of ordinary shares after change

Pombukhchan Khachatur Chairman of the BoD

0,0022%

0,0022%

0,0023%

0,0023%

Sattarov I lya

member of the Management Board

0,0022%

0,0022%

0,0005%

0,0005%