Magnit

Major Shareholding Notification • Mar 3, 2019

01-March-2019 / 15:51 MSK Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Press Release | Krasnodar | March 01, 2019

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

Krasnodar, Russia (March 01, 2019): 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
February 28, 2019
March 01, 2019
34,761 shares
0.034109% 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
4,270,914 votes 4.190813% of the total number of votes
4.224922% of the total number of votes

For further information, please contact

Dmitry Kovalenko Media Inquiries

Director for Investor Relations Media Relations Department

Office: +7-861-277-4554 x 46082 Note to editors:

Email: kovalenko_dv3@magnit.ru Email: press@magnit.ru

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 December 31, 2018, Magnit operated 37 distribution centers and 18,399 stores (13,427 convenience, 467 supermarkets and 4,505 drogerie stores) in 2,976 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the unaudited IFRS management accounts for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 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.: 7678 EQS News ID: 782873

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