Mekonomen completes the acquisition of Meca Scandinavia

Mekonomen’s acquisition of the automotive spare-parts chain Meca has now been
completed after approval was received from the Norwegian Competition Authority
on 22 May 2012. As part of the acquisition process, a final decision was taken
to issue 3,086,882 new shares in line with previously announced plans.

“It is positive that we were able to complete the acquisition so shortly after
receiving approval. The transaction will be beneficial to both Mekonomen’s and
Meca’s customers, employees and owners. In particular, the deal will help us
maintain even more attractive prices for consumers in the future as an effect of
the acquisition synergies,” says Håkan Lundstedt, President and CEO of
Mekonomen.

Mekonomen entered into an agreement covering the acquisition of Meca on 12
October 2011. Meca is a well-known automotive spare-parts chain commanding
strong positions in Sweden and Norway. Mekonomen and Meca will continue to be
operated as independent companies with their existing brands.

For further information, please contact:

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

Per Hedblom, CFO of Mekonomen AB.
Telephone: +46 (0) 8-464 00 00.

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.

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 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.