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

July 3, 2014: Acquisition of shares

Amount of acquired shares: 1,000 shares (0.001058% of the total equity)

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

Amount of votes before acquisition: 83,073 votes (0.087851% of the total number of votes)

Amount of votes after acquisition: 84,073 votes (0.088908% of the total number of votes)

July 3, 2014: Disposal of shares

Amount of disposed shares: 25,452 shares (0.026916% of the total equity)

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

Sale and Purchase Agreements (off-exchange)

Amount of votes before disposal: 84,073 votes (0.088908% of the total number of votes)

Amount of votes after disposal: 58,621 votes (0.061993% of the total number of votes)

July 4, 2014: Disposal of shares

Amount of disposed shares: 9,903 shares (0.010473% of the total equity)

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

Amount of votes before disposal: 58,621 votes (0.061993% of the total number of votes)

Amount of votes after disposal: 48,718 votes (0.051520% of the total number of votes)