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Press-release Krasnodar January 11, 2016


PJSC "Magnit" Announces the Change of Share of the Entity under the Issu er's Control


Krasnodar, January 11, 2016: PJSC "Magnit", Russia's largest food retailer (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer's control.


Full company name and address:

Joint Stock Company "Tander"

185, Levanevskogo street, Krasnodar, Russia

Taxpayer Id Number:

2310031475

Principal State Registration Number:

1022301598549

Object of acquisition:

voting shares of the Issuer


January 4, 2016


Disposal of shares

Amount of disposed shares:

12,752 shares (0.013485% of the total equity)

Basis for disposal:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

46,218 votes (0.048876% of the total number of votes)

Amount of votes after disposal:

33,466 votes (0.035391% of the total number of votes)

January 5, 2016

Acquisition of shares

Amount of acquired shares:

1 share (0.000001% of the total equity)

Basis for acquisition:

Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition:

33,466 votes (0.035391% of the total number of votes)

Amount of votes after acquisition:

33,467 votes (0.035392% of the total number of votes)


January 5, 2016

Disposal of shares

Amount of disposed shares:

1,790 shares (0.001893% of the total equity)

Basis for disposal:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

33,467 votes (0.035392% of the total number of votes)

Amount of votes after disposal:

31,677 votes (0.033499% of the total number of votes)


For further information, please contact:


Timothy Post

Head of Investor Relations Email: post@magnit.ru

Office: +7-861-277-4554 x 17600

Mobile: +7-961-511-7678

Direct Line: +7-861-277-4562

Investor Relations Office

MagnitIR@magnit.ru

Direct Line: +7-861-277-4562 Website: http://ir.magnit.com/

Media Inquiries

Media Relations Department press@magnit.ru


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 September 30, 2015, Magnit operated 29 distribution centers and about 11,400 stores (9,246 convenience, 335 hypermarkets, and 1,807 drogerie stores) in 2,297 cities and towns throughout 7 federal regions of the Russian Federation.


In accordance with the reviewed IFRS consolidated financial statements 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.

Magnit OAO issued this content on 2016-01-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 14:53:05 UTC

Original Document: http://ir.magnit.com/wp-content/uploads/2014/08/Press-release-Acquisition-Disposal-Jan11-eng.pdf