Magnit

Director's Dealing • May 30, 2019

MAGNIT PJSC (MGNT)

29-May-2019 / 09:41 MSK Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Press Release | Krasnodar | May 29, 2019

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

Krasnodar, Russia (May 29, 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 Dei Marya Viktorovna, the member of the Management Board of PJSC "Magnit".

On May 28, 2019 the Company was notified on the following change of share of Dei Marya Viktorovna in the charter capital.

Date of	Share in the charter capital before	Ordinary shares stake before	Share in the charter capital after	Ordinary shares stake after
change	change	change	change	change
May 27, 2019	0%	0%	0.001617%	0.001617%

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	Dei Viktorovna Marya
2	for the notification Reason
а)	Position/status	member of the PJSC "Magnit" collective executive body (Management Board)
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 1,648
г)	Aggregated information Aggregated volume - Price -	Price Aggregated volume 3,659 1,648
д)	of Date the transaction	May 2 7, 2019
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.

TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 OAM Categories:3.1.Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 8849 EQS News ID: 816983

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