Krasnodar, August 1, 2017: Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT) announces the opening of its 15,000th store.

Please be informed that the Company has opened its 15,000th store at the following address: 9 Philippova street, Novokuznetsk, Kemerovo region. As of June 30, 2017 there are 22 convenience stores and 10 cosmetics stores in this city. The total space of the store is 449 sq. m. and its selling space is 339 sq. m. The outlet is leased by the Company. Assortment of the store consists of about 3,000 SKUs. The store is open 7 days a week from 9 am to 10 pm.

PJSC «Magnit» announces the opening of its 15,000th store