PJSC MAGNIT - Correction : Change of Share

In this press-release the Share in the charter capital of PJSC “Magnit" owned
by Sergey Galitskiy after change and Ordinary shares stake after change have
been corrected from 36.5245% to 36.4927%.





Press-release

Krasnodar

February 13, 2015

PJSC "Magnit" Announces the Change of Share in the Charter Capital

Krasnodar, February 13, 2015: PJSC "Magnit", Russia's largest food retailer
(the "Company"; MOEX and LSE: MGNT), announces the change of share in the
charter capital of PJSC "Magnit" (ordinary shares stake) owned by Sergey
Galitskiy, Chief Executive Officer of PJSC "Magnit", the member of the PJSC
"Magnit" Board of Directors, the chairman of the PJSC "Magnit" Management
Board.

Name and position of the   Sergey Galitskiy, Chief Executive Officer of PJSC
person:                    "Magnit", the member of the PJSC "Magnit" Board of
                           Directors, the chairman of the PJSC "Magnit"
                           Management Board

Company:                   Public Joint Stock Company "Magnit", 15/5,
                           Solnechnaya street, Krasnodar, Russia

Share in the charter       37.0532%
capital before change:

Ordinary shares stake      37.0532%
before change:

Share in the charter       36.4927%
capital after change:

Ordinary shares stake      36.4927%
after change:

Date of change of share in February 3, 2015
the charter capital:

Date of the fact being     February 13, 2015
reported:

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 December 31,
2014, Magnit operated 27 distribution centers and over 9,700 stores (8,344
convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately
2,100 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS management accounts 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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