Krasnodar, June 1, 2010: The share in the OJSC “Magnit” charter capital (the stake of ordinary shares) owned by Dmitry Chenikov, the chairman of the OJSC “Magnit” Board of directors, has changed from 0.16% to 0.09%.

Name and position of the person: Dmitry Chenikov, the chairman of the OJSC “Magnit” Board of directors.

Company: Open joint-stock company “Magnit”, 18, Kolkhoznaya street, Krasnodar, Russia.

Share in the charter capital before change: 0.16%

Ordinary share stake before change: 0.16%

Share in the charter capital after change: 0.09%

Ordinary share stake after change: 0.09%

Date of the fact being reported: May 31, 2010.

Change of share in the OJSC «Magnit» charter capital