Press-releaseKrasnodarApril 1, 2015PJSC "Magnit" Announces the Change of Share ofthe Entity under the Issuer's ControlKrasnodar, April 1, 2015: PJSC "Magnit", Russia's largest food retailer (the"Company", the "Issuer", MOEX and LSE: MGNT), announces the change of share ofthe entity which is under the Issuer's control.Full company name and JointStock Company "Tander"address: 185, Levanevskogo street, Krasnodar, RussiaTaxpayer Id Number: 2310031475Principal State 1022301598549Registration Number:Object of acquisition: voting shares of the IssuerMarch 30, 2015 Disposal of sharesAmount of disposed shares: 11,000 shares (0.011633% of the total equity)Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 111,566 votes (0.117983% of the total number ofdisposal: votes)Amount of votes after 100,566 votes (0.106350% of the total number ofdisposal: votes)March 31, 2015 Acquisition of sharesAmount of acquired shares: 4,000 shares (0.004230% of the total equity)Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 100,566 votes (0.106350% of the total number ofacquisition: votes)Amount of votes after 104,566 votes (0.110580% of the total number ofacquisition: votes)March 31, 2015 Disposal of sharesAmount of disposed shares: 1,137 shares (0.001202% of the total equity)Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 104,566 votes (0.110580% of the total number ofdisposal: votes)Amount of votes after 103,429 votes (0.109378% of the total number ofdisposal: votes)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 December 31,2014, Magnit operated 27 distribution centers and over 9,700 stores (8,344convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately2,100 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) andits GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit ratingfrom Standard & Poor's of BB. Measured by market capitalization, Magnit is oneof the largest retailers in Europe.