Press-release

Krasnodar

March 4, 2015

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

Krasnodar, March 4, 2015: 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      JointStock Company "Tander"
address:
                           185, Levanevskogo street, Krasnodar, Russia

Taxpayer Id Number:        2310031475

Principal State            1022301598549
Registration Number:

Object of acquisition:     voting shares of the Issuer

February 27, 2015          Acquisition of shares

Amount of acquired shares: 8,300 shares (0.008777% of the total equity)

Basis for acquisition:     Sale and Purchase Agreements executed in the trading
                           of MICEX Stock Exchange

Amount of votes before     98,688 votes (0.104364% of the total number of votes)
acquisition:

Amount of votes after      106,988 votes (0.113141% of the total number of
acquisition:               votes)

February 27, 2015          Disposal of shares

Amount of disposed shares: 1,000 shares (0.001058% of the total equity)

Basis for disposal:        Sale and Purchase Agreements executed in the trading
                           of MICEX Stock Exchange

Amount of votes before     106,988 votes (0.113141% of the total number of
disposal:                  votes)

Amount of votes after      105,988 votes (0.112084% of the total number of
disposal:                  votes)

March 2, 2015              Acquisition of shares

Amount of acquired shares: 1,700 shares (0.001798% of the total equity)

Basis for acquisition:     Sale and Purchase Agreements executed in the trading
                           of MICEX Stock Exchange

Amount of votes before     105,988 votes (0.112084% of the total number of
acquisition:               votes)

Amount of votes after      107,688 votes (0.113882% of the total number of
acquisition:               votes)

March 2, 2015              Disposal of shares

Amount of disposed shares: 8,882 shares (0.009393% of the total equity)

Basis for disposal:        Sale and Purchase Agreements executed in the trading
                           of MICEX Stock Exchange

Amount of votes before     107,688 votes (0.113882% of the total number of
disposal:                  votes)

Amount of votes after      98,806 votes (0.104489% of the total number of votes)
disposal:

March 3, 2015              Acquisition of shares

Amount of acquired shares: 13,000 shares (0.013748% of the total equity)

Basis for acquisition:     Sale and Purchase Agreements executed in the trading
                           of MICEX Stock Exchange

Amount of votes before     98,806 votes (0.104489% of the total number of votes)
acquisition:

Amount of votes after      111,806 votes (0.118236% of the total number of
acquisition:               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: +7-861-277-4562

Dina Svishcheva                         Deputy Director, Investor Relations
                                        Email: Chistyak@magnit.ru
                                        Office: +7-861-277-45-54 x 15101
                                        Mobile: +7-961-511-0202
                                        Direct Line: +7-861-277-4562

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 December 31,
2014, Magnit operated 27 distribution centers and over 9,700 stores (8,344
convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately
2,100 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS management accounts 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) 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.