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Regulatory Filings • Mar 20, 2015
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Regulatory Filings
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PJSC MAGNIT - 99th "Magnit Family" Store Opening
PR Newswire
London, March 20
Press-releaseKrasnodarMarch 20, 2015PJSC "Magnit" Announces the Opening of the 99th "Magnit Family" StoreKrasnodar, March 20, 2015: PJSC "Magnit", Russia's largest food retailer (the"Company"; MOEX and LSE: MGNT), is pleased to announce the opening of the 99th"Magnit Family" store.Please be informed that today the Company has opened its 99th "Magnit Family"store located at 3, Magistralnaya street, Meleuz, Republic of Bashkortostan,Volga federal region. Assortment of the store consists of about 8,900 SKUs, outof which about 84% are food items. There are 13 cash desks installed in thesales area. The outlet is owned by the Company. The store is open 7 days a weekfrom 9 am to 10 pm.For further information, please contact:Timothy Post Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562Dina Svishcheva Deputy Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest food retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of December 31,2014, Magnit operated 27 distribution centers and over 9,700 stores (8,344convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately2,100 cities and towns throughout 7 federal regions of the Russian Federation.In accordance with the unaudited IFRS management accounts for 2014, Magnit hadrevenues of RUB 764 billion and an EBITDA of RUB 86 billion. Magnit's localshares are traded on the Moscow Stock Exchange (MOEX: MGNT) and its GDRs on theLondon Stock Exchange (LSE: MGNT) and it has a credit rating from Standard &Poor's of BB. Measured by market capitalization, Magnit is one of the largestretailers in Europe.
