OREANDA-NEWS. OJSC “Magnit”, Russia's largest retailer (the “Company”; MICEX and LSE: MGNT), announces the change of share of the BoD members and the members of the Management Board in 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, Russian Federation.

On December 30, 2013 the Company has been notified of the following changes of share of the BoD members and the members of the Management Board in its charter capital (date of change: December 27, 2013).

Name and position

Share in the charter capital before change

Share of the ordinary shares owned before change

Share in the charter capital after change

Share of the ordinary shares after change

Pombukhchan Khachatur Chairman of the BoD

0,001%

0,001%

0,0028%

0,0028%

Arutyunyan Andrey BoD member

0,2054%

0,2054%

0,2068%

0,2068%

Butenko Valeriy BoD member

0,0814%

0,0814%

0,0828%

0,0828%

Shkhachemukov Asian BoD member

0,0024%

0,0024%

0,0029%

0,0029%

Barsukov Alexander member of the Management Board

0,0026%

0,0026%

0,0033%

0,0033%

Sattarov Ilya member of the Management Board

0,0005%

0,0005%

0,0018%

0,0018%

Ivanova Marina member of the Management Board

0,00698%

0,00698%

0,00835%

0,00835%