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

October 25, 2013

Disposal of shares

Amount of disposed shares:

163 shares (0.000172% of the total equity)

Basis for disposal:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

72,521 votes (0.076692% of the total number of votes)

Amount of votes after disposal:

72,358 votes (0.076519% of the total number of votes)

October 25, 2013

Acquisition of shares

Amount of acquired shares:

165 shares (0.000174% of the total equity)

Basis for acquisition:

Securities Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition:

72,358 votes (0.076519% of the total number of votes)

Amount of votes after acquisition:

72,523 votes (0.076694% of the total number of votes)