OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), announces the change of share of the entity which is under the 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

August 30, 2013

Acquisition of shares

Amount of acquired shares:

4,182 shares (0.0044% of the total equity)

Basis for acquisition:

Repurchase Agreement

Amount of votes before acquisition:

95,718 votes (0.1012% of the total number of votes)

Amount of votes after acquisition:

99,900 votes (0.1056% of the total number of votes)

August 30, 2013

Disposal of shares

Amount of disposed shares:

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

Basis for disposal:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

99,900 votes (0.1056% of the total number of votes)

Amount of votes after disposal:

97,600 votes (0.1032% of the total number of votes)