Contract signed for a new store in Norway


Contract signed for a new store in Norway

Clas Ohlson has signed a contract regarding a new store in the shopping
centre Sjøkanten Senter, Harstad, Norway. The retail space will amount
to a total of 1,400 square metres. The store's catchment area comprises
approximately 35,000 residents and the store is scheduled to open in
February 2011.

Future store establishments that have been contracted to date are:
Kiruna, Sweden in November 2010; Lillehammer, Norway, Mediagården,
Stavanger, Norway and Dikeveien, Fredrikstad, Norway, in November 2010;
Uleåborg, Finland in November 2010; Brierley Hill, Birmingham, UK in
November 2010; 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; 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 126 stores and 22
contracted stores, Clas Ohlson will have a total of 148 stores, of which
65 in Sweden, 54 in Norway, 18 in Finland and 11 in the UK.

For further information, please contact:

Ola Aurtande, Head of Establishment, Clas Ohlson Norway, +47 23 21 40
20, +47 911 21 895.
John Womack, Director of Information and Investor Relations, +46
(0)247-444 05.