OREANDA-NEWS. OJSC “Magnit”, Russia's largest food 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

April 16, 2014

Acquisition of shares

Amount of acquired shares:

22,355 shares (0.023641% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

314,311 votes (0.332388% of the total number of votes)

Amount of votes after acquisition:

336,666 votes (0.356029% of the total number of votes)

April 17, 2014

Acquisition of shares

Amount of acquired shares:

7,978 shares (0.008437% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

336,666 votes (0.356029% of the total number of votes)

Amount of votes after acquisition:

344,644 votes (0.364466% of the total number of votes)