Krasnodar, June 9, 2015: PJSC “Magnit”, Russia’s largest retailer (the “Company”; MOEX and LSE: MGNT) announces 28.73% retail sales growth in rubles for May 2015¹.

During May 2015 the Company opened (net) 254 stores. The total store base reached 10,537 stores (8,791 convenience stores, 200 hypermarkets, 107 “Magnit Family” stores and 1,439 drogerie stores).

Preliminary consolidated unaudited net retail revenue (excl. VAT) in 5M 2015 increased by 31.24% in ruble terms (compared to 5M 2014) and stood at 375,177.79 million rubles.

According to Rosstat food inflation in May 2015 amounted to 0.1% compared to 1.5% in May 2014, in 5M 2015 it was 11.3% compared to 6.9% in 5M 2014.

¹ According to management accounts

PJSC «Magnit» announces unaudited May 2015 results