Mekonomen’s capital market conference 23 May 2012

During Mekonomen’s capital market conference this morning, Mekonomen’s President
and CEO Håkan Lundstedt presented new ventures underway, the acquisition of Meca
Scandinavia and the current situation in the total Nordic market.

“The new ventures in insurance, automotive glass and e-commerce currently being
implemented by Mekonomen form part of initiatives to further strengthen the
complete customer offering,” explains Håkan Lundstedt, President and CEO of
Mekonomen AB.

The continuous market surveys performed by Mekonomen show that attractively
priced automotive and home insurance is in demand among existing and potential
customers, thus making the step into the insurance market a natural progression.
Furthermore, Mekonomen made a quiet start to automotive glass operations at a
number of locations in Sweden. Evaluation of the new service clearly indicates
that automotive glass has a significant part to play in Mekonomen’s future
offering. The e-commerce venture will further strengthen Mekonomen’s service
offering and increase accessibility for customers.

Håkan Lundstedt also presented the situation in the total Nordic market. During
April and thus far in May, the underlying market has declined generally by 7-8
per cent.

“In a weakening market in which we cannot foresee any immediate recovery, it
becomes increasingly crucial that we continue to create topical concepts that
make CarLife easier. This will provide Mekonomen with additional opportunities
to increase market shares,” says Håkan Lundstedt.

For further information, please contact:

Håkan Lundstedt, President and CEO of Mekonomen AB.
Telephone: +46 (0) 8-464 00 00.

The information in this press release is such that Mekonomen is obligated to
publish in accordance with the Securities Market Act. The information was
submitted for publication on 23 May 2012.

Mekonomen AB (publ), Corp. Reg. No. 556392-1971. Box 6077, SE-141 06 Kungens
Kurva, Sweden. Telephone: +46 (0) 8-464 00 00. Fax: +46 (0) 8-464 00 66.
Mekonomen makes CarLife easier through a wide and easily accessible range of
inexpensive and innovative solutions and products for consumers and companies.
We are the leading spare-parts chain in the Nordic region with proprietary
wholesale operations, more than 300 stores and more than 1,700 workshops
operating under the Mekonomen brands.