KappAhl: Annual General Meeting Statement

* Dividend SEK 4.50 per share
  * Re-election of all Board members
  * Re-election of audit firm
  * Instructions for Nomination Committee
  * Remuneration policy for company management

KappAhl Holding AB (publ) held its Annual General Meeting at 2 p.m.
on 17 December 2008 in Mölndal, Gothenburg.

The income statement and balance sheet and consolidated income
statement and balance sheet were adopted and the meeting discharged
the Board of Directors and Chief Executive Officer from liability for
the financial year. The Meeting declared dividend of SEK 4.50 per
share. The record date is Monday, 22 december 2008. The expected date
of payment of dividends is Tuesday, 30 December 2008.

The Board were re-elected in accordance with the recommendation of
the Nomination Committee. Finn Johnsson was elected chairman of the
Board. The members of the Board elected by the general meeting were
Amelia Adamo, Paul Frankenius, Jan Samuelson and Pernilla Ström.

The Meeting resolved that the fee to the Board of Directors shall be
SEK 1,495,000 (previously SEK 1,420,000) in accordance with the
Nomination Committee's proposal. The fee will be divided as follows:
SEK 495,000 to the chairman and SEK 180,000 to each of the members
elected by the meeting. SEK 145,000 to the chairman of the Audit
Committee and SEK 95,000 to a further member of the Committee. SEK
30,000 to the chairman of the Remuneration Committee and SEK 10,000
to a further member of the Committee.

The Nominations Committee's proposed instructions and rules of
procedure for the Nominations Committee were adopted. The Nominations
Committee will consist of three members who will represent the three
largest shareholders of the company as of April 30. The chairman of
the Board of Directors will then contact the three largest
shareholders and himself or herself be co-opted to the Committee.

The meeting also resolved to re-elect the audit firm
PricewaterhouseCoopers AB as audit firm for the next four years.

Finally, the Meeting adopted the Board's proposed remuneration policy
for the management team. The remuneration policy is the same as that
adopted by the previous Annual General Meeting. The policy implies
that a bonus of a maximum of 50 per cent of fixed salary is payable,
and that there is no severance pay other than salary during a period
of notice.

All the resolutions of the Annual General Meeting were passed with
the required majority.


For further information, please contact:
Håkan Westin, Chief Financial Officer, telephone +46 704 71 56 64
Ola Thorén, Public Relations Manager, telephone +46 704 71 56 31


KappAhl Holding AB (publ)Box 303, SE-431 24 Mölndal.


KappAhl is a leading fashion chain with more than 300 stores and
4,500 employees in Sweden, Norway, Finland and Poland. KappAhl sells
value-for-money fashion with a wide appeal - to women, men and
children - and focuses in particular on women aged 30-50. All clothes
are from our own designers. In the twelve-month period ending 31
August 2008 KappAhl's net sales were SEK 4.6 billion and operating
profit was SEK 651 million. KappAhl is a listed company. In 1999
KappAhl was the first fashion chain to be environmentally certified.
Further information is available at www.kappahl.com/ir
.