Krasnodar, July 3, 2017: Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT) announces the opening of the 11,000th convenience store and the 1,000th convenience store in the Moscow region.

Please be informed that the Company has opened its 11,000th convenience store at the following address: 42 Sovetskaya street, Umet village, Zubovo-Polyanskiy district, Republic of Mordovia. This is the first “Magnit” store in this village. The population of Umet is 2,600 people. The total space of the store is 311 sq. m. and its selling space is 237 sq. m. The outlet is leased by the Company.

Moreover, the 1,000th “Magnit” convenience store in the Moscow region has been opened at 116 b) Sovetskaya street, Bronnitsy. This is the first “Magnit” store in this town where the population is about 22,500 people. The total space of the store is 682 sq. m. and its selling space is 587 sq. m. The outlet is leased by the Company.

Magnit Has Opened the 11,000th Convenience Store and the 1,000th Convenience Store in the Moscow region