Magnit

Regulatory Filings • Jul 22, 2015

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PJSC MAGNIT - Change of the Name of the Registrar

PR Newswire

London, July 22

Press-release

Krasnodar

July 22, 2015

PJSC “Magnit” Announces the Change of the Name of its Registrar

Krasnodar, July 22, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”; MOEX and LSE: MGNT), announces the change of the name of its registrar.

Please be informed that on July 9, 2015 the name of the registrar of PJSC “Magnit” has changed from Open Joint Stock Company “Objedinennaya registratsionnaya kompaniya” (OJSC “ORK”) to Joint Stock Company “Objedinennaya registratsionnaya kompaniya” (JSC “ORK”).

Full company name, the company’s registration data and location address:

Joint Stock Company “Objedinennaya registratsionnaya kompaniya”

Building 1, 30 Buzheninova str., Moscow, Russian Federation

Taxpayer Id. Number: 7705108630

Principal State Registration Number: 1027700036540

Agent’s services rendered by the organization involved by the Issuer:

services on payment of dividends, announced by the Issuer, and accounting of paid, non-paid and returned dividends

Type of securities, state registration number of the securities issue and the date of registration:

ordinary registered shares, 1-01-60525-P of March 4, 2004

For further information, please contact:

Timothy Post	Director, Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562
Dina Svishcheva	Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562

Company description:

Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of June 30, 2015, Magnit operated 29 distribution centers and over 10,700 stores (8,890 convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately 2,233 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS management accounts for 1H 2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 billion. Magnit's local shares are traded on the Moscow Stock 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+. Measured by market capitalization, Magnit is one of the largest retailers in Europe.