4th Coupon Yield Payment

Press-release Krasnodar February 25, 2015 PJSC "Magnit" Announces the 4thC oupon Yield Payment Krasnodar, February 25, 2015: PJSC "Magnit", Russia's largest food retailer(the "Company"; MOEX and LSE: MGNT), announces the 4th coupon yield paymentagainst bonds. Please be informed that on February 24, 2015 PJSC "Magnit" fulfilled itsobligation of the fourth coupon redemption against bonds of the 01 series inthe amount of 211,900,000 rubles. Parameters of the bond issue: Type of securities: Non-convertible interest-bearing certified bonds to the bearer with the obligatory centralized custodyof the 01 series State registration № 4-01-60525-P as of 27.12.2012number of the issue ofsecurities and thedate of its stateregistration: Reporting (coupon) Fourthcoupon period (26.08.2014- 24.02.2015)period which the yieldis paid for: Total amount of the 211,900,000 rublesinterest to be paidagainst bonds: The amount of the 42.38 rublesinterest to be paidagainst one bond: Method of payment: Monetary funds in the currency of the Russian Federation by means of non-cash settlement Date of the obligation February24, 2015fulfillment: Total amount of the Following the 1stcoupon period the amount of 211,900,000interest paid against rubles was paid. Obligation has beenfulfilled.bonds following eachreporting (coupon) Following the 2ndcoupon period the amount of 211,900,000period: rubles was paid. Obligation has beenfulfilled. Following the 3rdcoupon period the amount of 211,900,000 rubles was paid. Obligation has beenfulfilled. Following the 4thcoupon period the amount of 211,900,000 rubles was paid. Obligation has beenfulfilled. For further information, please contact: Timothy Post Director, Investor Relations Email: [email protected] 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: [email protected] 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 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 unaudited IFRS management accounts for 2014, Magnit hadrevenues of RUB 764 billion and an EBITDA of RUB 86 billion. Magnit's localshares are traded on the Moscow Stock Exchange (MOEX: MGNT) and its GDRs on theLondon 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 largestretailers in Europe.