Krasnodar, December 21, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the 152^nd “Magnit Family” store.

Please be informed that on December 19, 2015 the Company opened its 152^nd “Magnit Family” store located at 125 Dzerzhinskogo street, Gubkin, Central federal region. Assortment of the store consists of more than 7,700 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 8:00 am to 10:30 pm.

PJSC “Magnit” announces the opening of the 152nd “Magnit Family” store