RNB RETAIL AND BRANDS expands operations at NK Stockholm by about 600 square meters through acquisition of NORDISK DAMKONFEKTION AB

RNB RETAIL AND BRANDS expands operations at NK Stockholm by about 600 square
meters through acquisition of NORDISK DAMKONFEKTION AB

RNB RETAIL AND BRANDS AB has signed an agreement to acquire NORDISK
DAMKONFEKTION AB, with takeover on June 1, 2007. NORDISK DAMMKONFEKTION AB
conducts operations at NK involving about 600 square meters. The purchase
consideration amounts to SEK 12 M and it is assessed that the acquisition will
contribute positively to earnings in RNB from the takeover date.

For further information, contact: 
Mikael Solberg, President and CEO, RNB RETAIL AND BRANDS
+46 (0)8-670 95 95, +46 (0)708-18 44 40, e-mail: mikael.solberg@rnb.se

Göran Blomberg, CFO, RNB RETAIL AND BRANDS
+46 (0)8-670 95 99, +46 (0)733-97 95 99, e-mail: goran.blomberg@rnb.se


RNB RETAIL AND BRANDS AB is organized on the basis of two business areas -
Polarn O. Pyret and a distribution platform for national and international
brands. Polarn O. Pyret is a brand focused on baby and children's wear. The
distribution platform consists of two main areas, Department Stores and Store
Concepts. Department store operations are conducted via stores in the NK and
Steen & Ström department stores. The store concepts comprise JC, J-Store,
Brothers and Sisters.