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

January 15, 2014

Acquisition of shares

Amount of acquired shares:

24,300 shares (0.025698% of the total equity)

Basis for acquisition:

Sales and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition:

35,084 votes (0.037102% of the total number of votes)

Amount of votes after acquisition:

59,384 votes (0.062799% of the total number of votes)

January 15, 2014

Disposal of shares

Amount of disposed shares:

22,799 shares (0.024110% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

59,384 votes (0.062799% of the total number of votes)

Amount of votes after disposal:

36,585 votes (0.038689% of the total number of votes)