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

June 6, 2014

Acquisition of shares

Amount of acquired shares:

2,000 shares (0.002115% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

234,821 votes (0.248327% of the total number of votes)

Amount of votes after acquisition:

236,821 votes (0.250442% of the total number of votes)

June 6, 2014

Disposal of shares

Amount of disposed shares:

3,321 shares (0.003512% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

236,821 votes (0.250442% of the total number of votes)

Amount of votes after disposal:

233,500 votes (0.246930% of the total number of votes)