OREANDA-NEWS. PJSC "Magnit", Russia's largest food retailer (the "Company"; MICEX and LSE: MGNT), is pleased to announce the opening of the new "Magnit Family" stores.

Please be informed that on November 29, 2014 the Company has opened its 77th and 78th "Magnit Family" stores.

The 77th "Magnit Family" store is located at 81 и, Krasnoarmeiskaya street, Kamen-na-Obi, Altai krai, Siberian federal region. Assortment of the store consists of about 5,400 SKUs, out of which about 74% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 8 am to 10 pm.

The 78th "Magnit Family" store is located at 93, Lenina street, Ust-Labinsk, Krasnodar krai, Southern federal region. Assortment of the store consists of about 4,100 SKUs, out of which about 86% are food items. There are 12 cash desks installed in the sales area. The outlet is leased by the Company. The hypermarket is open 7 days a week from 9 am to 10 pm1.