POLARN O. PYRET OPENS STORE IN LATVIA

Polarn O. Pyret continues its international expansion.  The master franchisee in
the Baltic States has recently opened a store in Riga's most popular shopping
center.

Polarn O. Pyret aims to continue strengthening its position in the domestic
market while growing internationally at the same time. Polarn O. Pyret has a
unique concept and making clothing that is designed for children's needs has
also proved extremely attractive beyond Swedish borders.
For more information, please contact:

Mikael Solberg, President and CEO, RNB RETAIL AND BRANDS, telephone: +46
(0)8-410 520 20, +46 (0)768-87 20 20, e-mail: mikael.solberg@rnb.se


RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing excellent
service and a world-class shopping experience. Sales are mainly conducted in
Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn
O. Pyret, as well as through shops in the department stores NK in Stockholm and
Gothenburg, and Illum in Copenhagen. RNB RETAIL AND BRANDS has operation in 11
countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange
since 2001.



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