PJSC MAGNIT - 198th Hypermarket Opening

Press-release

Krasnodar

April 21, 2015

PJSC "Magnit" Announces the Opening of the 198th Hypermarket

Krasnodar, April 21, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), is pleased to announce the opening of the 198th
hypermarket of a small format.

Please be informed that today the Company opened its 198th hypermarket of a
small format located at 28, Lenina street ("Oasis-plaza" shopping center),
Nyagan, Khanty-Mansi autonomous district, Urals federal region. Assortment of
the hypermarket consists of more than 17,800 SKUs, out of which about 76% are
food items. There are 17 cash desks installed in the sales area. The outlet is
leased by the Company. The hypermarket is open 7 days a week from 10 am to 22
pm.

For further information, please contact:

Timothy Post                            Director, Investor Relations
                                        Email: [e-mail]
                                        Office: [phone] x 17600
                                        Mobile: [phone]
                                        Direct Line: [phone]

Dina Svishcheva                         Deputy Director, Investor Relations
                                        Email: [e-mail]
                                        Office: [phone] x 15101
                                        Mobile: [phone]
                                        Direct Line: [phone]

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.

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