Krasnodar, August 18, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of the new “Magnit Family” stores.

Please be informed that today the Company opened its 118^th and 119^th “Magnit Family” stores.

The 118^th “Magnit Family” store is located at 15 Dalnyaya street (“Evrodom” shopping center), Odintsovo, Moscow oblast, Central federal region, Russia. Assortment of the store consists of about 8,000 SKUs, out of which about 85% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 8 am to 11 pm.

The 119^th “Magnit Family” store is located at 74 Gagarina street, Donetsk, Rostov oblast, Southern federal region, Russia. Assortment of the store consists of about 8,500 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 am to 10 pm.

PJSC “Magnit” announces the opening of the new “Magnit Family” stores