Dixy : JSC DIXY Yug made a Mandatory Tender Offer to shareholders of PJSC DIXY Group

Moscow, Russia, February 22, 2018.

JSC DIXY Yug, PJSC DIXY Group's subsidiary, announces today that it made a mandatory tender offer (MTO) to shareholders of PJSC DIXY Group.

Previously, JSC DIXY Yug together with its affiliated parties crossed 75% threshold of total capital of PJSC DIXY Group. As a result, JSC DIXY Yug made a mandatory tender offer to shareholders of PJSC DIXY Group to repurchase their shares at a price of 340 Russian rubles per ordinary share of PJSC DIXY Group on the February 22, 2018.

The major terms and conditions of MTO:

• o MTO starts over as of today, February 22nd, 2018

• o Buyout price per one ordinary share of PJSC DIXY Group is set at 340 Russian rubles.

• o The period to participate in the MTO is 70 days since the current date or up to May 3rd, 2018.

• o The payment will commence during 17 days after the expiration of the MTO.

The information on MTO's terms and conditions is available at DIXY Group's official website under "Investors"/"Mandatory tender offer" and on the website of JSC "Reestr"www.aoreestr.ru (Note: DIXY Group's register). In addition, the shareholders could call to the call-center of JSC "Reestr" at +7 (495) 617 - 01 - 01 (ext. 7100).

Note for editors:

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

As of December 31, 2017 the Company operated 2,703 stores, including 2,534 DIXY convenience stores, 128 Victoria stores and 41 compact hypermarkets MegaMart and MiniMart, all located in 753 Russian towns and settlements.

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

In 2017, the Company's total revenue amounted to RUB 282 billion.

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

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