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 27, 2014: Acquisition of shares

Amount of acquired shares: 3,000 shares (0.003173% of the total equity)

Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition: 67,983 votes (0.071893% of the total number of votes)

Amount of votes after acquisition: 70,983 votes (0.075066% of the total number of votes)

June 27, 2014: Disposal of shares

Amount of disposed shares: 7,100 shares (0.007508% of the total equity)

Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal: 70,983 votes (0.075066% of the total number of votes)

Amount of votes after disposal: 63,883 votes (0.067557% of the total number of votes)