Krasnodar, July 13, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the 113^th “Magnit Family” store.

Please be informed that on July 12, 2015 the Company opened its 113^th “Magnit Family” store located at 61 Proletarskaya street, Novodvinsk, Arkhangelsk oblast, North-Western federal region. Assortment of the store consists of about 9,000 SKUs, out of which about 89% are food items. There are 13 cash desks installed in the sales area. The outlet is owned by the Company. The store is open 7 days a week from 9 am to 11 pm.

PJSC «Magnit» announces the opening of the 113th «Magnit Family» store