Krasnodar, Russia (June 19, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia’s leading retailers, announces the procedure of exchange-traded bonds placement and the terms of the offers’ submission.

On June 19, 2019 the Chief Executive Officer of PJSC “Magnit” determined the placement procedure of the exchange-traded bonds of PJSC “Magnit” of the BO-003P-03 series placed under the Program of the exchange-traded bonds with the identification number of 4-60525-P-003Р-02Е as of 30.01.2018 (hereinafter — the Bonds), as well as the term and the procedure of the submission of the offers from the potential acquirers to execute the preliminary sale and purchase agreements (hereinafter — the Offers).

The placement of the Bonds shall be exercised via book-building.

The Offers to execute the preliminary agreements shall be submitted from June 20, 2019 at 11 AM Moscow time to June 20, 2019 at 3 PM Moscow time. According to the preliminary agreements, potential acquirers and the Underwriter (PAO ROSBANK) shall execute the principal Bonds sale and purchase agreements on the commencing date of the Bonds placement.

The expiration time of the Offers submission, preliminary determined by the decision of the sole executive body of the Issuer, may be changed by the sole executive body of the Issuer.

The Offers shall be delivered to the Underwriter’s address — PAO ROSBANK: 34 Mashi Poryvaevoy Street, Moscow, 107078.

PJSC «Magnit» announces the procedure of exchange-traded bonds placement and the terms of the offers' submission