Krasnodar, November 24, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the 136^th “Magnit Family” store.

Please be informed that today the Company opened its 136^th “Magnit Family” store located at Validi prospekt, Vostochniy district, Salavat, republic Bashkortostan, Volga federal region. Assortment of the store consists of more than 9,300 SKUs, out of which about 85% 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 9:00 am to 10 pm.

PJSC “Magnit” announces the opening of the 136th “Magnit Family” store