Krasnodar, Russia (January 26, 2018): Magnit PJSC, one of Russia’s leading retailers (MOEX and LSE: MGNT), announces guidance for 2018.

The Company announces guidance for 2018:

Sales Growth in RUR:	7-9%
Number of Store Openings	Gross Openings
— Convenience stores	1,500
— Cosmetics stores	700
— Hypermarkets and Magnit Family	20
Number of Refurbished Stores	1,200
CAPEX, RUR bn	55

Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation which came into effect on 3 July 2016.

PJSC “Magnit” announces guidance for 2018