OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT), announces change of share in the charter capital of OJSC “Magnit” (ordinary shares stake) owned by Khachatur Pombukhchan, the chairman of OJSC “Magnit” Board of Directors, from 0.0026% to 0.00266%.

Name and position of the person:

Khachatur Pombukhchan, the chairman of OJSC “ Magnit” Board of Directors

Company:

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

Share in charter capital before change:

0,0026%

Ordinary shares stake before change:

0.0026%

Share in charter capital after change:

0.00266%

Ordinary shares stake after change:

0.00266%

Date of change of share in the charter capital:

August 20, 2013

Date of the fact being reported:

August 26, 2013