Ownership change at MQ

A number of Swedish and Nordic institutions, together with Bengt Jaller
Klädcenter AB, MQ’s second-largest owner, have today acquired 9,924,829 shares
in MQ, corresponding to 28.2 percent of the company’s capital and votes.

The seller is CapMan, which has thus terminated its long-term involvement in MQ
in line with its investment policy.

“As CapMan has now divested its shareholding in MQ, within its planned
investment horizon, we are pleased that several new institutional owners have
confidence in MQ’s strategy and have chosen to invest in MQ,” says Erik Olsson,
MQ’s Chairman, commenting on the transaction.

For further information:
Erik Olsson, MQ’s Chairman, phone +46 31 388 8015

MQ is one of Sweden's leading branded fashion wear chains. Through a mixture of
proprietary and external brands, MQ offers men and women high fashion clothing
in attractive stores. The store chain currently has 119 stores and the objective
is to establish MQ as the leading brand chain in the Nordic region. The MQ share
is listed on NASDAQ OMX Stockholm since June 18th, 2010. For more information,
see www.mq.se (http://www.mqmq.se/).