Press-release Krasnodar December 4, 2015 PJSC “Magnit” Announces the Execution of the Related Party Transaction Krasnodar, December 4, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”; MOEX and LSE: MGNT), announces the execution of the transaction on December 4, 2015. Type of transaction: related party transaction; material transaction which is not major. Subject of transaction: Provision by the Issuer of the guarantee under the General agreement No. 42-0-10/2-2015 on the procedure of the credit agreements conclusion (hereinafter – “the Credit agreement”) executed between...
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