Regulatory 2010-08-25 15:00 CET Financial information

Contract signed for two new stores in UK

Clas Ohlson has signed contracts regarding additional stores in UK.

One of the new stores will be located in the Chapelfield Shopping Centre in Norwich. The retail space will amount to a total of 1,570 square metres. The store’s catchment area comprises approximately 350,000 residents and the store is scheduled to open in December 2010.

The second new store will be located in the St. Davids Shopping Centre in Cardiff. The retail space will amount to a total of 1,640 square metres. The store’s catchment area comprises approximately 430,000 residents and the store is scheduled to open in December 2010.

Future store establishments that have been contracted to date are: Bryn Senter, Oslo, Norway in August 2010; Bromma, Stockholm, Sweden in September 2010; Liljeholmen, Stockholm, Sweden and Lambertseter, Oslo, Norway in October 2010; Drottninggatan, Stockholm, Sweden and Kiruna, Sweden in October/November 2010; Jönköping, Sweden in November 2010; Lillehammer, Norway, Mediagården, Stavanger, Norway and Dikeveien, Fredrikstad, Norway in November 2010; Brierley Hill, Birmingham, UK in November/December 2010; Chapelfield Shopping Centre, Norwich, UK and St. Davids Shopping Centre, Cardiff, UK in December 2010; Kristansund, Norway in March 2011; Gränby, Uppsala, Sweden in autumn 2011; Erikslund, Västerås, Sweden in September 2011; Alta, Norway in October/November 2011; Bodø and Elverum, Norway in November 2011; Norrtälje, Sweden in spring 2012 and Emporia, Malmö, Sweden during the 2011/2012 financial year.

Clas Ohlson plans to 17-22 new stores during the 2010/2011 financial year, of which 6-10 in the UK. With currently 121 stores and 21 contracted stores, Clas Ohlson will have a total of 142 stores, of which 65 in Sweden, 51 in Norway, 16 in Finland and 10 in the UK.

For further information, please contact:

Bo Heyman, Director of Establishment, Mobile +46 (0)70-597 44 90.

John Womack, Director of Information and Investor Relations, +46 (0)247-444 05.

 

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