Clas Ohlson opens new store in Mall of Scandinavia in Solna, Sweden

Clas Ohlson has signed a contract regarding a new store in Mall of Scandinavia
in Solna, Stockholm, Sweden. The retail space will amount to 1,176 square
metres. The store’s catchment area is large, and the primary catchment area
comprises approximately 350,000 residents. The store is scheduled to open in
November 2015.
In the 2015/16 financial year, Clas Ohlson plans to establish 10-15 new stores.
The number of future store openings contracted amounts to a total of 9 stores.
With current 198 stores and 9 contracted stores, Clas Ohlson will have a total
of 207 stores, of which 86 in Sweden, 75 in Norway, 33 in Finland, 12 in the UK
and one franchise store in Dubai.

Future store openings

Sweden

Värmdö Centre, Stockholm, scheduled to open in June 2015

Bergvik Shopping Centre, Karlstad scheduled to open in August 2015

Center Syd, Löddeköpinge, scheduled to open in October 2015

Mall of Scandinavia, Solna, Stockholm scheduled to open in November 2015

Uddevalla Torp, Uddevalla, scheduled to open in spring 2016

Umeå Syd, Umeå, scheduled to open in spring 2016

Norway

Sandefjord, scheduled to open in autumn 2015

Svolvær, scheduled to open in August 2016

Finland

Mylly Shopping Centre, Raisio, scheduled to open in November 2015

For more information, please contact:

Sara Kraft Westrell, Director of Information and Investor Relations, phone
+46 247 649 13

Bo Heyman, Senior Advisor Retail Expansion, mobile +46 70 597 44 90
Clas Ohlson was founded in 1918 as a mail order business based in Insjön,
Dalarna, Sweden. Today, the company is trading in five countries offering
outstanding service via its approx. 200 stores, web shop, catalogue and
telephone sales channels. Clas Ohlson helps its customers solve every day
practical small problems with a wide range of affordable products in five
product areas: Hardware, Electrical, Home, Multimedia and Leisure. The company
is listed on the Nasdaq OMX Nordic Exchange, has sales of over 7 billion SEK and
over 4,700 employees. Visit Clas Ohlson at www.clasohlson.com.