Krasnodar, June 15, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the 108^th “Magnit Family” store.

Please be informed that on June 12, 2015 the Company opened its 108^th “Magnit Family” store located at 9 Peterburgskaya street, Kazan, Republic of Tatarstan, Volga federal region. Assortment of the store consists of more than 6,800 SKUs, out of which about 89% are food items. There are 12 cash desks installed in the sales area. The outlet is leased by the Company. The store is open 7 days a week from 10 am to 10 pm.

PJSC "Magnit" announces the opening of the 108th "Magnit Family" store