Magnit

Report Publication Announcement • Apr 10, 2018

MAGNIT PJSC (MGNT)

10-Apr-2018 / 09:01 CET/CEST

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Krasnodar, Russia (April 10, 2018): Magnit PJSC, one of Russia's leading retailers (MOEX and LSE: MGNT) is pleased to announcethe publication date ofits unaudited 1Q 2018 financialresults prepared in accordance with theIFRS.

Please be informed that Magnit plans to release its unaudited 1Q 2018 financial results prepared in accordance with theIFRS and based on managementaccounts on Friday, April 20, 2018 at 10:00AM(Moscowtime).

Forfurtherinformation, please contact:

Timothy Post	Head ofInvestor Relations Email: post@magnit.ru Office:+7-861-277-4554 x 17600
Dina Svishcheva	DeputyDirector, Investor Relations Email:Chistyak@magnit.ru Office:+7-861-277-4554 x 15101
MediaInquiries	Media Relations Department press@magnit.ru

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 ofKrasnodar. As ofDecember 31, 2017, Magnit operated 37 distribution centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit Family storesand 3,774 drogeriestores) in 2,709 citiesand towns throughout 7 federalregions ofthe Russian Federation.

In accordance with theaudited IFRS results for 2017, Magnit had revenues ofRUB 1,143 billion and an EBITDAofRUB 92 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 fromStandard &Poor's ofBB. Measured bymarketcapitalization, Magnit is one ofthelargest retailers inEurope.

ISIN: US55953Q2021 Category Code:MSCU TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 Sequence No.: 5378

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