Contract signed for a new store in Finland

Contract signed for a new store in Finland

Clas Ohlson has signed a contract regarding a new store in the Akseli
Shopping Centre in Mikkeli. The retail space will amount to a total of
1,120 square metres. The store's catchment area comprises approximately
73,000 residents and the store is scheduled to open in June 2011.

Future store establishments that have been contracted to date are:
Jönköping, Sweden in December 2010; Chapelfield Shopping Centre,
Norwich, UK, St. Davids Shopping Centre, Cardiff, UK and Frenchgate
Shopping Centre, Doncaster, UK in December 2010; Trondheim Torg,
Trondheim and Sjøkanten Senter, Harstad, Norway in February 2011;
Kristansund, Norway in March 2011; Sjøsiden Kjøpesenter, Horten, Norway
in March/April 2011; Akseli Shopping Centre, Mikkeli, Finland in June
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; Karisma, Lahti, Finland in
November/December 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 132 stores and 17
contracted stores, Clas Ohlson will have a total of 149 stores, of which
65 in Sweden, 54 in Norway, 19 in Finland and 11 in the UK.

For further information, please contact:

Bo Heyman, Director of Establishment, Mobile +46 (0)70-597 44 90.
Tapio Kuittinen, Managing Director of Clas Ohlson OY, Finland; Tel +358
201 11 22 30, Mobil +358 407 57 60 09.
John Womack, Director of Information and Investor Relations, +46
(0)247-444 05.