Krasnodar, February 21, 2018: PJSC “Magnit”, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the change of share in the charter capital of PJSC “Magnit” (ordinary shares stake) owned by Khachatur Pombukhchan, Chief Executive Officer of PJSC “Magnit”, the member of the PJSC “Magnit” Board of Directors, the chairman of the PJSC “Magnit” Management Board.

Name and position of the person:	Khachatur Pombukhchan, Chief Executive Officer of PJSC “Magnit”, the member of the PJSC “Magnit” Board of Directors, the chairman of the PJSC “Magnit” Management Board
Company:	Public Joint Stock Company “Magnit”, 15/5, Solnechnaya street, Krasnodar, Russia
Share in the charter capital before change:	0%
Ordinary shares stake before change:	0%
Share in the charter capital after change:	0.012266%
Ordinary shares stake after change:	0.012266%
Date of change of share in the charter capital:	February 20, 2018
Date of the fact being reported:	February 21, 2018

PJSC “Magnit” Announces the Change of Share in the Charter Capital