Magnit

Major Shareholding Notification • Dec 26, 2018

26-Dec-2018 / 15:01 MSK Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

Press Release | Krasnodar | December 26, 2018

PJSC "Magnit" Announces the Acquisition of Shares by JSC "Tander"

Krasnodar, Russia (December 26, 2018): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the acquisition of shares by the entity under its control (JSC "Tander").

Joint Stock Company "Tander"
185 Levanevskogo street, Krasnodar, Russian Federation
2310031475
1022301598549
Ordinary Registered Uncertified Voting Shares
1-01-60525-P of 04.03.2004
RU000A0JKQU8
December 25, 2018
December 26, 2018
28 722 shares
0.028183% of the total number of voting shares
Agreement No. 7700976 TAN of September 04, 2018 on opening a brokerage account and terms of brokerage between JSC "Tander" and Renaissance Broker LLC
3,131,160 votes
3.072435%of the total number of votes
3,159,882 votes
3.100618% of the total number of votes

For further information, please contact

Petr Molchanov	Alisa Kvadzba	Media Inquiries
Chief Investment Officer	IR manager	Media Relations Department
Email: molchanov_ps@magnit.ru	Email: magnitIR@magnit.ru	Email: press@magnit.ru
Office: +7-861-277-4554 x 45000	Office: +7-861-277-4554 x 17601

Note to editors:

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 September 30, 2018, Magnit operated 37 distribution centers and 17,442 stores (12,813 convenience, 457 supermarkets and 4,172 drogerie stores) in 2,866 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the reviewed IFRS consolidated financial statements for 1H 2018, Magnit had revenues of RUB 595 billion and an EBITDA of RUB 44 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.

ISIN: US55953Q2021 Category Code: MSCU TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 OAM Categories:3.1.Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 7015 EQS News ID: 761973

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