Magnit Tops the List of Russia's Largest Employers by Forbes

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MAGNIT PJSC (MGNT) 
Magnit Tops the List of Russia's Largest Employers by Forbes 
 
10-Oct-2017 / 15:43 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
                           Press Release 
 
                           Krasnodar 
 
                           October 10, 2017 
 
                  Magnit Tops the List of Russia's Largest Employers by Forbes 
 
         Krasnodar, Russia (October 10, 2017): Magnit, one of Russia's leading 
         retailers (MOEX and LSE: MGNT), tops the list of the largest Russia's 
                           employers. 
 
  Please be informed that "Magnit" retail chain topped the list of the largest 
  Russia's employers among the companies included in the Annual Ranking of the 
   200 Biggest Russia's Nongovernmental Companies by Forbes business magazine. 
 
            Please follow the link below to view the full version of the list: 
 
http://www.forbes.ru/karera-i-svoy-biznes/351113-10-krupneyshih-rabotodateley- 
                           rossii-sredi-chastnyh-kompaniy-2017 [1] 
 
                           For further information, please contact: 
 
   Timothy Post          Head of Investor Relations 
 
                              Email: [e-mail] 
 
                    Office: [phone] x 17600 
 
Dina Svishcheva Deputy Director, Investor Relations 
 
                          Email: [e-mail] 
 
                    Office: [phone] x 15101 
 
Media Inquiries          Media Relations Department 
 
                                    [e-mail] 
 
                           Company description: 
 
     Public Joint Stock Company "Magnit" is one of Russia's leading retailers. 
 Founded in 1994, the company is headquartered in the southern Russian city of 
   Krasnodar. As of June 30, 2017, Magnit operated 35 distribution centers and 
14,844 stores (11,114 convenience, 430 hypermarkets and 3,300 drogerie stores) 
         in 2,567 cities and towns throughout 7 federal regions of the Russian 
                           Federation. 
 
 In accordance with the reviewed IFRS consolidated financial statements for 1H 
 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 billion. 
  Magnit's local shares are traded on the Moscow 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. 
 
ISIN:           US55953Q2021 
Category Code:  MSCU 
TIDM:           MGNT 
LEI Code:       2534009KKPTVL99W2Y12 
OAM Categories: 3.1. Additional regulated information required to be 
                disclosed under the laws of a Member State 
Sequence No.:   4721 
 
End of Announcement EQS News Service 
 
617521 10-Oct-2017 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ef9241d02b4441a81118caf572faddbf&application_id=617521&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

October 10, 2017 09:43 ET (13:43 GMT)