Krasnodar, Russia (December 5, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the procedure of accessing the issuance documents.

Please be informed that on December 5, 2017 the Company published the Decision on the issue of additional securities and the Prospectus of securities of Public Joint Stock Company “Magnit” with regard to ordinary registered uncertified shares with the nominal value of 0.01 rubles (0 rubles 01 kopecks) each in the amount of 7,350,000 (seven million three hundred and fifty thousand) shares placed by means of open subscription (state registration number № 1-01-60525-P as of December 4, 2017, International Stock Identification Number (ISIN) RU000A0JKQU8 (hereinafter — the “Shares”).

PJSC “Magnit” shall provide the copies of the issuance documents at the request of the interested party within 7 days upon the receipt of such request for a fee not exceeding the cost of making copies.

Starting from the date of the state registration of the Shares issue all interested individuals can read the Securities Prospectus and receive its hard copy at the following address: 15/5 Solnechnaya street, Krasnodar, 350072, Russian Federation.

PJSC “Magnit” announces the procedure of accessing the issuance documents