MGJCL Magnit PJSC (CE)

Press-release

Krasnodar

February 2, 2015

PJSC "Magnit" Has Changed the Official Website for Information Disclosure

Krasnodar, February 2, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MICEX and LSE: MGNT), announces the change of the official website
for information disclosure.

Please be informed that the official website used by the Company for
information disclosure has been changed from http://www.magnit-info.ru to
http://ir.magnit.com.

According to the legislation of the Russian Federation, information will be
also disclosed at http://www.e-disclosure.ru/portal/company.aspx?id=7671.

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 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 (MICEX: 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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