Press Release | Krasnodar | April 2, 2019

PJSC "Magnit" Has Published the List of Affiliated Persons as of 31.03.2019

Krasnodar, Russia (April 2, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces publication of the list of affiliated persons as of 31.03.2019.

Please be informed that today PJSC "Magnit" has published the list of affiliated persons as of 31.03.2019.

The list can be found on the Company's website http://ir.magnit.com/ and on http://www.e-disclosure.ru/portal/company.aspx?id=7671

For further information, please contact

Dmitry Kovalenko    Media Inquiries

Director for Investor Relations   Media Relations Department

Email: kovalenko_dv3@magnit.ru   Email: press@magnit.ru

Office: +7-861-277-4554 x 46082  

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 December 31, 2018, Magnit operated 38 distribution centers and 18,399 stores (13,427 convenience, 467 supermarkets and 4,505 drogerie stores) in 2,976 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS management accounts 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.