Contract signed for a new store in Finland

| Source: Clas Ohlson AB Clas Ohlson AB 

Contract signed for a new store in Finland

 

Clas Ohlson has signed a contract regarding a new store at Palokka
Shopping area, Jyväskylä, Finland. The retail space will amount to a
total of 1,915 square metres. The store's catchment area comprises
approximately 128,000 residents and the store is scheduled to open in
September 2011.

Future store establishments that have been contracted to date are: Bodø,
Norway in June 2011; Sjøsiden Kjøpesenter, Horten, Norway in June 2011;
Akseli Shopping Centre, Mikkeli, Finland in June 2011; Flygstaden
Shopping Centre, Halmstad, Sweden in June 2011; Newcastle, UK in August
2011; Gränby, Uppsala, Sweden in autumn 2011; Buskerud Storsenter
Shopping centre, Nedre Eiker, Norway in September 2011; Erikslund,
Västerås, Sweden in September 2011; Palokka Shopping area, Jyväskylä,
Finland in September 2011; Byporten Kjøpesenter, Mo i Rana, Norway in
October 2011; Bogstadsveien, Oslo, Norway in October 2011; Alta, Norway
in October/November 2011; Karisma, Lahti, Finland in November/December
2011; Elverum, Norway in Ferbruary/March 2012; Kongssenteret Shopping
Centre in Kongsvinger, Norway in winter/spring 2012; Norrtälje, Sweden
in spring 2012; Ängshagen Shopping area, Lidköping, Sweden in spring
2012; Willa Shopping Centre, Hyvinkää, Finland in October 2012; Amfi
Ørsta, Ørsta, Norway in autumn 2012; Norra Backa Shopping area,
Borlänge, Sweden in autumn 2012; Emporia, Malmö, Sweden during the
2011/2012 financial year and Mobilia Shopping Centre, Malmö, Sweden in
autumn 2013.

During the 2011/12 financial year we aim to establish 17-22 stores of
which 2-4 in Finland and 1-4 in the UK. With currently 139 stores and 22
contracted stores, Clas Ohlson will have a total of 161 stores, of which
69 in Sweden, 59 in Norway, 21 in Finland and 12 in the UK.

For further information, please contact:

Bo Heyman, Director of Establishment, Mobile +46 (0)70-597 44 90.
John Womack, Director of Information and Investor Relations, +46
(0)247-444 05.

Petter Eklund, Marketing Director Finland, Tel +358 408 311 388.