Krasnodar, December 30, 2014: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), filed the application for the registration of changes to the Resolution authorizing the issuance of bonds and to the Prospectus.

Please be informed that on December 29, 2014 the Issuer filed the application for the registration of changes to the Resolution authorizing the issuance of the non-convertible interest-bearing certified bonds of the 02, 03 series to the bearer with the obligatory centralized custody placed in the form of public subscription eligible for anticipated repayment at the request of holders and at the discretion of the Issuer (the “Resolution), as well as to the Prospectus with the Bank of Russia.

The decision to change (approve) the Resolution and the Prospectus was approved by the Board of Directors of PJSC “Magnit” on December 15, 2014 (Minutes w/o No. of 15.12.2014).

PJSC “Magnit” filed the application for the registration of changes to the Resolution authorizing the issuance of bonds and to the Prospectus