PJSC MAGNIT - Change of Share (BoD and Management Board Members)

Press-release

Krasnodar

April 13, 2015

PJSC "Magnit" Announces the Change of Share of the BoD Members and the Members
of the Management Board in the Charter Capital

Krasnodar, April 13, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), announces the change of share of the BoD
members and the members of the Management Board in the charter capital.

On April 13, 2015 the Company has been notified of the following changes of
share of the BoD members and the members of the Management Board in its charter
capital.

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

Marina          0,002119%     0,002119%    0,003008%    0,003008%    April 1,
Ivanova                                                                2015

Member of the
Management
Board

Andrey          0,210758%     0,210758%    0,211647%    0,211647%    April 1,
Arutyunyan                                                             2015

BoD member

Khachatur       0,001644%     0,001644%    0,001645%    0,001645%    March 23,
Pombukhchan                                                            2015

Chairman of
the BoD

Khachatur       0,001645%     0,001645%    0,002534%    0,002534%    April 1,
Pombukhchan                                                            2015

Chairman of
the BoD

Ilya Sattarov   0,003400%     0,003400%    0,004288%    0,004288%    April 1,
                                                                       2015
Member of the
Management
Board

Aslan           0,006845%     0,006845%    0,007734%    0,007734%    April 1,
Shkhachemukov                                                          2015

BoD Member


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.