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

October 1, 2014

Acquisition of shares

Amount of acquired shares:

11,700 shares (0.012373% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

230,702 votes (0.243971% of the total number of votes)

Amount of votes after acquisition:

242,402 votes (0.256344% of the total number of votes)

October 1, 2014

Disposal of shares

Amount of disposed shares:

1,025 shares (0.001084% of the total equity)

Basis for disposal:

Repurchase Agreement

Amount of votes before disposal:

242,402 votes (0.256344% of the total number of votes)

Amount of votes after disposal:

241,377 votes (0.255260% of the total number of votes)

October 2, 2014

Acquisition of shares

Amount of acquired shares:

2,559 shares (0.002706% of the total equity)

Basis for acquisition:

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

Amount of votes before acquisition:

241,377 votes (0.255260% of the total number of votes)

Amount of votes after acquisition:

243,936 votes (0.257966% of the total number of votes)

October 2, 2014

Disposal of shares

Amount of disposed shares:

7,230 shares (0.007646% of the total equity)

Basis for disposal:

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

Amount of votes before disposal:

243,936 votes (0.257966% of the total number of votes)

Amount of votes after disposal:

236,706 votes (0.250320% of the total number of votes)