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 today the Company has opened its 87th and 88th "Magnit Family" stores.

The 87th "Magnit Family" store is located at 91, Krasnoflotskaya street ("Niagara" shopping center), Stavropol, North Caucasian federal region. Assortment of the store consists of more than 7,000 SKUs, out of which about 93% 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 9 am to 11 pm.

The 88th "Magnit Family" store is located at Rybatskaya street, Novorossiysk, Krasnodar krai, Southern federal region. Assortment of the store consists of about 8,900 SKUs, out of which about 89% are food items. There are 13 cash desks installed in the sales area. The outlet is owned by the Company. The store is open 7 days a week from 9 am to 11 pm.