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

On July 7, 2014 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: July 3, 2014).

Name and position

Share in the charter capital before change

Share of the ordinary shares before change

Share in the charter capital after change

Share of the ordinary shares after change

Khachatur Pombukhchan Chairman of the BoD

0,00077%

0,00077%

0,0016%

0,0016%

Andrey Arutyunyan BoD member

0,20677%

0,20677%

0,2076%

0,2076%

Aslan Shkhachemukov BoD member

0,00286%

0,00286%

0,00369%

0,00369%

Alexander Barsukov member of the Management Board

0,00335%

0,00335%

0,00418%

0,00418%

Ilya Sattarov member of the Management Board

0%

0%

0,00083%

0,00083%

Marina Ivanova member of the Management Board

0,00312%

0,00312%

0,00395%

0,00395%