Clas Ohlson has now opened in Sandnes Norway!


Clas Ohlson has now opened its brand new 800 square meter large store located in
Maxi Sandnes shopping centre, in the centre of Sandnes.
Clas Ohlson now has two stores in Sandnes.

– Sandnes Maxi shopping is situated in the city centre which gives us the
perfect location. We have a great team in place and I am looking forward to see
this store become a part of the local community and succeed. We are very pleased
to be able to increase availability to our customers in Sandnes, says Geir Hoff,
Country Manager Norway at Clas Ohlson.

Maxi Sandnes is a shopping centre located in the centre of Sandnes. The shopping
centre contains over 40 stores, restaurants and cafés. The primary catchment
area for the new store in Maxi Sandnes comprises approximately 70,000 residents.

In financial year 2016/17, Clas Ohlson plans to establish 10-15 new stores. The
number of future stores contracted amounts to 10. Clas Ohlson has e-commerce in
four out of six markets, and a total of 207 stores, of which 85 in Sweden, 73 in
Norway, 34 in Finland, 13 in the UK, one in Germany and one franchise store in
Dubai.

Future store openings

Sweden
Varberg, scheduled to open in spring of 2017

Norway
Finnsnes, scheduled to open in June 2016
Voss, scheduled to open in June 2016
Svolvær, scheduled to open in August 2016
Stovner, Oslo, scheduled to open in November 2016
Stjørdal, Trondheim, scheduled to open in autumn of 2017

Finland
Kaivotalo, Helsinki, scheduled to open in October 2016
Tampere, scheduled to open in April 2018

Germany
Altona, Hamburg, scheduled to open in autumn of 2016
Alstertal, Hamburg, scheduled to open in autumn of 2016
For more information, please contact:
Sara Kraft Westrell, Director of Information and Investor Relations, phone +46
247 649 13
Clas Ohlson was founded in 1918 as a mail order business based in Insjön,
Sweden. Today, the company offers products and services for the small everyday
practical problems, in six countries via its over 200 stores and online. Clas
Ohlson offers a wide range of affordable products in five product areas:
Hardware, Electrical, Home, Multimedia and Leisure. The company is listed on
Nasdaq Stockholm, has sales of over 7.5 billion SEK and more than 4,700
employees. Visit Clas Ohlson at www.clasohlson.com

Attachments

05278790.pdf