Trading in subscription rights commences 7 December 2012

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITES STATES,
AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR
ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION OF THIS PRESS RELEASE WOULD BE
SUBJECT TO LEGAL RESTRICTIONS.

Due to a technical error, trading in subscription rights in connection to the
ongoing rights issue in KappAhl AB (publ) will commence on the 7 December 2012
instead of 6 December 2012 as planned. No other dates in the rights issue time
table will be affected.

For further information, please contact:
Johan Åberg, President and CEO, phone +46 706 09 99 73, johan.aberg@kappahl.com
Håkan Westin, Chief Financial Officer, phone +46 704 71 56 64,
hakan.westin@kappahl.com

For other information, please contact:
Annette Björklund, Head Public Relations, phone +46 704 71 55 42,
annette.bjorklund@kappahl.com

KappAhl was founded 1953 and is a leading Nordic fashion chain with close to 400
stores and 4 500 co-workers in Sweden, Norway, Finland, Poland and the Czech
Republic. KappAhl designs, markets and sells value-for-money fashion and focus
in particular on women 30-50 years of age. In 1999, KappAhl was the first
fashion chain to receive environmental management standard certification. During
the financial year 2011/2012, KappAhl had sales of SEK 4,6 billion. KappAhl
shares are listed on the NASDAQ OMX Stockholm. Further information is available
at www.kappahl.com

KappAhl AB (publ) discloses the information provided here pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication on 6 December 2012 at 12.15 p.m.

IMPORTANT NOTICE

In certain jurisdictions, the publication or distribution of this press release
may be subject to legal restrictions and persons in those jurisdictions where
this press release has been published or distributed should inform themselves
about and abide by such legal restrictions.

This press release may not be published or distributed, directly or indirectly,
in or to the United States, Australia, Hong Kong, Japan, Canada, New Zealand,
Singapore, or South Africa or any other country where such action is wholly or
partially subject to legal restrictions. Nor may the information in this press
release be forwarded, reproduced or disclosed in such a manner that contravenes
such restrictions. Failure to comply with this instruction may result in a
violation of the United States Securities Act of 1933 ("Securities Act") or laws
applicable in other jurisdictions.

This press release does not contain or constitute an invitation or an offer to
acquire, subscribe for or otherwise trade in shares, subscription rights or
other securities in KappAhl AB (publ). Any invitation to the persons concerned
to subscribe for shares in KappAhl AB (publ) is only made through the prospectus
that KappAhl AB (publ) made public on 30 November 2012.

Neither of the subscription rights, the BTAs (interim shares) or the new shares
will be registered in accordance with the Securities Act or any provincial act
in Canada and may not be transferred or offered for sale in the United States or
Canada or to persons resident there or on account of such persons other than in
such exceptional cases that do not require registration in accordance with the
Securities Act or any provincial act in Canada.