Press-releaseKrasnodarFebruary 17, 2015PJSC "Magnit" Announces Change of Share in the Charter CapitalKrasnodar, February 17, 2015: PJSC "Magnit", Russia's largest food retailer(the "Company"; MOEX and LSE: MGNT), announces change of share in the chartercapital of PJSC "Magnit" (ordinary shares stake) owned by KhachaturPombukhchan, the chairman of PJSC "Magnit" Board of Directors.Name and position of the Khachatur Pombukhchan, the chairman of PJSC "Magnit"person: Board of DirectorsCompany: PublicJointStock Company "Magnit", 15/5, Solnechnaya street, Krasnodar, RussiaShare in charter capital 0.004278%before change:Ordinary shares stake 0.004278%before change:Share in charter capital 0.001586%after change:Ordinary shares stake 0.001586%after change:Date of change of share in February16, 2015the charter capital:Date of the fact being February 17, 2015reported: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: +7-861-277-4562Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest food retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of September 30,2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891convenience, 243 hypermarkets, and 886 drogeries) in approximately 2,000 citiesand towns throughout 7 federal regions of the Russian Federation.In accordance with the reviewed IFRS consolidated financial statements for 1H2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 millionUSD. 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 creditrating from Standard & Poor's of BB. Measured by market capitalization, Magnitis one of the largest retailers in Europe.