Magnit

Director's Dealing • Jun 7, 2019

MAGNIT PJSC (MGNT)

07-Jun-2019 / 09:47 MSK Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Press Release | Krasnodar | June 7, 2019

PJSC "Magnit" notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

Krasnodar, Russia (June 7, 2019): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers announces the change of stake of ordinary shares in the charter capital of PJSC "Magnit" owned by the President, member of the Management Board and Board of Directors of PJSC "Magnit" Dunning Jan Gezinus and member of the Management Board Talvitie Jyrki Petteri.

On June 6, 2019 the Company was notified on the following change of share in the charter capital.

Name of the member of the Management Board	Date of change	Share in the charter capital before change	Ordinary shares stake before change	Share in the charter capital after change	Ordinary shares stake after change
Dunning Jan Gezinus	June 5, 2019	0.080810%	0.080810%	0.103775%	0.103775%
Talvitie Jyrki Petteri	June 5, 2019	0%	0%	0.000469%	0.000469%

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the discharging managerial responsibilities/person closely associated person
а)	Name	Dunning Gezinus Jan
2	for the notification Reason
а)	Position/status	President (member of the PJSC "Magnit" collective executive body (Management Board) , member of the Board ofDirectors
б)	notification/ Initial Amendment	notification Initial
3	Details of the issuer
а)	Name	Public Joint Stock Company "Magnit"
б)	LEI	2534009KKPTVL99W2Y12
4.1	of for of of Details the transaction(s): section to be repeated (i) each type instrument; (ii) each type transaction; (iii) each date; and (iv) each place where transactions have been conducted
а)	Description of the financial of instrument, type instrument Identification code	Share ISINRU000A0JKQU8
б)	Nature of the transaction	Acquisition of PJSC "Magnit" shares under the Shares Purchase Agreement executed with JSC "Tander" Long-Term Remuneration Program for key employees of JSC " Tander" pursuant to and PJSC "Magnit".
в)	Price(s) and volume(s)	Price volume 3,659 23,404
г)	Aggregated information Aggregated volume - Price -	Price Aggregated volume 3,659 23,404
д)	of Date the transaction	June 5, 2019
е)	Place of the transaction	outside trading a venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the discharging managerial responsibilities/person closely associated person
а)	Name	Talvitie Jyrki Petteri
2	for the notification Reason
а)	Position/status	member of the "Magnit" collective executive body (Management Board) PJSC
б)	Initial notification/ Amendment	Initial notification
3	of Details the issuer
а)	Name	Public Joint Stock Company "Magnit"
б)	LEI	2534009KKPTVL99W2Y12

4.1 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each

4.1	Details of the transaction(s): date; and (iv) each place where	section be repeated for (i) each of instrument; (ii) each of transaction; (iii) each to type type transactions have been conducted
а)	of financial Description the instrument, of instrument type Identification code	Share ISINRU000A0JKQU8
б)	of the Nature transaction	Acquisition of "Magnit" shares under the Shares Purchase executed with PJSC Agreement JSC "Tander" Remuneration for key employees of " Tander" pursuant to Long-Term Program JSC and PJSC "Magnit".
в)	Price(s) and volume(s)	Price volume 3,659 478
г)	Aggregated information Aggregated volume - Price -	Price Aggregated volume 3,659 478
д)	of the Date transaction	2019 June 5,
е)	Place of the transaction	outside trading a venue

For further information, please contact:

Dmitry Kovalenko Dina Chistyak

Director for Investor Relations Director for Investor Relations Email: dmitry_kovalenko@magnit.ru Email: dina\_chistyak@magnit.ru

Office: +7 (861) 210-48-80 Office: +7 (861) 210-9810 x 15101

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 March 31, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the audited IFRS results 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.: 9430 EQS News ID: 821219

End ofAnnouncementEQS News Service