Press-release

Krasnodar

May 5, 2015

PJSC "Magnit" Announces the Changes of Share of the Management Board Member in
the Charter Capital

Krasnodar, May 5, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), announces the changes of share of the PJSC
"Magnit" Management Board member in the charter capital.

On April 30, 2015 the Company has been notified of the following historical
changes of share of Alexander Barsukov, the Management Board member, in the
charter capital.

Date of change   Share in the    Share of the    Share in the    Share of the
                charter capital ordinary shares charter capital ordinary shares
                 before change   before change   after change    after change

July 9, 2014       0,006754%       0,006754%       0,006744%       0,006744%

July 10, 2014      0,006744%       0,006744%       0,006733%       0,006733%

July 11, 2014      0,006733%       0,006733%       0,006680%       0,006680%

July 14, 2014      0,006680%       0,006680%       0,006458%       0,006458%

July 15, 2015      0,006458%       0,006458%       0,006008%       0,006008%

July 16, 2015      0,006008%       0,006008%       0,005860%       0,005860%

July 17, 2015      0,005860%       0,005860%       0,005743%       0,005743%

July 25, 2015      0,005743%       0,005743%       0,005638%       0,005638%

July 28, 2015      0,005638%       0,005638%       0,005331%       0,005331%

August 6, 2014     0,005331%       0,005331%       0,005289%       0,005289%

August 11, 2014    0,005289%       0,005289%       0,005238%       0,005238%

August 12, 2014    0,005238%       0,005238%       0,004550%       0,004550%

August 15, 2014    0,004550%       0,004550%       0,004513%       0,004513%

August 18, 2014    0,004513%       0,004513%       0,004101%       0,004101%

August 19, 2014    0,004101%       0,004101%       0,003393%       0,003393%

August 20, 2014    0,003393%       0,003393%       0,003202%       0,003202%

August 21, 2014    0,003202%       0,003202%       0,003181%       0,003181%

December 19,       0,003181%       0,003181%       0,001211%       0,001211%
2014

December 22,       0,001211%       0,001211%       0,000471%       0,000471%
2014

January 16,        0,000471%       0,000471%       0,000423%       0,000423%
2015

January 23,        0,000423%       0,000423%         0,00%           0,00%
2015

April 1, 2015        0,00%           0,00%         0,000888%       0,000888%

April 6, 2015      0,000888%       0,000888%         0,00%           0,00%

For further information, please contact:

Timothy Post                            Director, Investor Relations

                                        Email: post@magnit.ru

                                        Office: +7-861-277-4554 x 17600

                                        Mobile: +7-961-511-7678

                                        Direct Line: +7-861-277-4562

Dina Svishcheva                         Deputy Director, Investor Relations

                                        Email: Chistyak@magnit.ru

                                        Office: +7-861-277-45-54 x 15101

                                        Mobile: +7-961-511-0202

                                        Direct Line: +7-861-277-4562

Company description:

Magnit is Russia's largest food retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of March 31, 2015,
Magnit operated 28 distribution centers and over 10,000 stores (8,581
convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately
2,180 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS consolidated financial statements for 2014,
Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 billion.
Magnit's local shares are traded on the Moscow Stock Exchange (MOEX: MGNT) and
its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating
from Standard & Poor's of BB+. Measured by market capitalization, Magnit is one
of the largest retailers in Europe.

Copyright ay 5 PR Newswire

Magnit PJSC (CE) (USOTC:MGJCL)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Magnit PJSC (CE) Charts.
Magnit PJSC (CE) (USOTC:MGJCL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Magnit PJSC (CE) Charts.