Krasnodar, November 27, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the 217^th hypermarket of a small format.

Please be informed that today the Company opened its 217^th hypermarket of a small format located at 126, Melnikaite street (“Tyumenskiy” shopping center), Tyumen, Urals region. Assortment of the hypermarket consists of about 11,700 SKUs, out of which about 79% are food items. There are 16 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 9 am to 11 pm.

PJSC “Magnit” announces the opening of the 217th hypermarket