Krasnodar, November 30, 2015: PJSC “Magnit”, Russia’s largest retailer (the “Company”; MOEX and LSE: MGNT) announces the opening of the 2,000th drogerie store.

Please be informed that today the Company opened its 2,000^th drogerie store located at 19 Komsomolskaya street, Kargapolye village, Kurgan oblast. This is the first “Magnit Cosmetic” store in this location. The total space of the store is 277 sq. m. and its selling space is 212 sq. m. The outlet is leased by the Company. Population of Kargapolye village stands at over 8,400 people. In this village Magnit already operates one food convenience store.

PJSC «Magnit» announces the opening of the 2000th drogerie store