Krasnodar, Russia (October 26, 2018): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia’s leading retailers, announces the acquisition of shares by the entity under its control (JSC “Tander”).

Full Company Name and Address	Joint Stock Company “Tander” 185 Levanevskogo street, Krasnodar, Russian Federation
Taxpayer Id. Number	2310031475
Principal State Registration Number	1022301598549
Object of Acquisition	Ordinary Registered Uncertified Voting Shares
State Registration No.	1-01-60525-P of 04.03.2004
International Securities Identification Number (ISIN)	RU000A0JKQU8
Date of Acquisition	October 25, 2018
Date of the Fact being Reported to the Issuer	October 26, 2018
Number of Acquired Shares	113,046 shares 0.110926% of the total number of voting shares
Basis for Acquisition	Agreement No. 7700976 TAN of September 04, 2018 on opening a brokerage account and terms of brokerage between JSC “Tander” and Renaissance Broker LLC
Number of Votes before Acquisition	2,540,010 votes 2.492372% of the total number of votes
Number of Votes after Acquisition	2,653,056 votes 2.603298% of the total number of votes

Magnit announces the acquisition of shares by JSC Tander