MGJCL Magnit PJSC (CE)

Press-release
Krasnodar
April 30, 2015


PJSC "Magnit" Announces the Publication of its 2014 Annual Report

Krasnodar, April 30, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company", the "Issuer", MOEX and LSE: MGNT), announces the publication of its
2014 Annual Report.

Please be informed that the 2014 Annual Report is available at the official
website of PJSC "Magnit".

Please follow the link http://ir.magnit.com/en/financial-reports/ to view the
English version of the report.

And http://ir.magnit.com/finansovaya-otchetnost/ for the Russian version.

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 March 31, 2015,
Magnit operated 28 distribution centers and over 10,000 stores (8,581
convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately
2,180 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS consolidated financial statements for 2014,
Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 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.