Krasnodar, October 12, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the 131^st “Magnit Family” store.

Please be informed that on October 10, 2015 the Company opened its 131^st “Magnit Family” store located at 2p Metallurgov prospekt, Krasnoyarsk, Siberian federal region. Assortment of the store consists of more than 8,200 SKUs, out of which about 89% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The store is open 7 days a week from 9 am to 11 pm.

PJSC «Magnit» announces the opening of the 131st «Magnit Family» store