DIXY : extraordinary general shareholders’ meeting took a decision to file an application to delist the Company’s shares from the Moscow Exchange

APPLICATION TO DELIST THE COMPANY'S SHARES FROM THE MOSCOW EXCHANGE

Moscow, Russia, December 26, 2017.

DIXY Group (MOEX: DIXY), one of Russia's leading retailers of foods and everyday products, announces today the decisions taken by the extraordinary shareholders' meeting held on December 25, 2017.

Extraordinary general meeting (the "EGM") of PJSC DIXY Group's shareholders voted to file an application to delist the Company's shares from the Moscow Exchange (the "MOEX"). This decision has been taken by

94,176,211 votes or 80.5% of voting shares. The total number of votes registered for the EGM amounted to 117,011,822 or 93.8% of share capital.

In accordance with the applicable Russian law shareholders of the Company who voted against the filing of the application to delist the Company's shares, or did not participate in voting on this item of the EGM agenda, have the right to request full or partial repurchase of their shares by the Company. The Board of Directors had set up a price for the repurchase of shares from shareholders at 340 (three hundred forty) Russian rubles for 1 (one) ordinary share of PJSC DIXY Group, based on a) the independent appraisal of valuation prepared by the LLC "PricewaterhouseCoopers Consulting" and b) the information prepared by the MOEX on the volume-weighted average share price, identified as a result of organized trading of the Company stock during a preceding six-month period.

Important information for shareholders of PJSC DIXY Group: On shareholders' right to request the repurchase of their shares.

In accordance with Article 75 of the Russian Federal Law On Joint Stock Companies, shareholders of the Company who voted against the filing of the application to delist the Company's shares, or did not participate in voting on this item, have the right to request full or partial repurchase of their shares by the Company.

Only shareholders who owned the Company's shares at the Record Date (December 4, 2017) and voted against the above mentioned item or did not participate in voting on the above mentioned item at the EGM have the right to request that their shares should be repurchased, subject to the limitations set by the law.

PJSC DIXY Group may not spend more than 10% of the value of its net assets (calculated in accordance with the Russian Accounting Standards). In the event that shareholders request the repurchase of more shares than the Company is allowed by the law, shares submitted for repurchase will be repurchased on a pro rata basis.

A shareholder may not tender for repurchase of shares in excess of the number of shares that such shareholder held as at the Record Date.

All payments relating to the repurchase of the Company's shares will be made in Russian rubles.

In accordance with the Russian law, shareholders have the right to request the repurchase of their shares or withdraw their requests within 45 calendar days from the date of the EGM, i.e. not later than February 8, 2018. Withdrawal requests may only be made in respect of all, but not part, of the shares which were tendered for the repurchase.

Note for editors:

PJSC DIXY Group (MOEX: DIXY) is one of Russia's leading retailers of foods and everyday products.

As of September 30, 2017 the Company operated 2,704 stores, including 2,534 DIXY convenience stores, 130 Victoria stores and 40 compact hypermarkets MegaMart and MiniMart, all located in 752 Russian towns and settlements.

The Company operates in Central, Northwestern, Volga and Urals federal districts of Russia, and in Kaliningrad and Kaliningrad region.

In 2016, the Company's total revenue amounted to RUB 311 billion.

PJSC DIXY Group shares are traded in Moscow Exchange since 2007.