Krasnodar, January 10, 2013: OJSC “Magnit” (the “Company”; MICEX and LSE: MGNT) announces change of share of the BoD members and members of the Management Board in the charter capital.

Name of issuer

Open Joint Stock Company “Magnit,” a company incorporated and existing under the laws of the Russian Federation with its registered address at 15/5 Solnechnaya street, Krasnodar, Krasnodar region, Russian Federation.

On January 10, 2013 the Company has been notified of the following changes of share of the BoD members and members of the Management Board in its charter capital (date of change: January 9, 2013).

Name and position	Share in charter capital before change	Share of ordinary shares owned before change	Share in charter capital after change	Share of ordinary shares after change
Arutyunyan Andrey the first deputy CEO, BoD member	0,2038%	0,2038%	0,2054%	0,2054%
Butenko Valeriy BoD member	0,0798%	0,0798%	0,0814%	0,0814%
Ivanova Marina member of the Management Board	0,0061%	0,0061%	0,0063%	0,0063%

OJSC “Magnit” announces change of share of the BoD members and members of the Management Board in the charter capital