Krasnodar, June 25, 2015: PJSC “Magnit”, Russia’s largest retailer (the “Company”; MOEX and LSE: MGNT) announces the opening of the 1500^th drogerie store.

Please be informed that today the Company opened its 1500^th drogerie store located at 27 K Mira prospect, Kuvandyk, Orenburg oblast. This is the first “Magnit Cosmetic” store in this location. The total space of the store is 185 sq. m. and its selling space is 160 sq. m. The outlet is leased by the Company. Population of Kuvandyk stands at over 25 000 people. In this town Magnit already operates six food convenience stores.

PJSC «Magnit» announces the opening of the 1500 Drogerie Store