The Board of Lindex recommends an offer of SEK 116 per share from Stockmann

The Board of Lindex recommends an offer of SEK 116 per share from Stockmann

The Board of AB Lindex has on September 30, 2007, received an offer for Lindex
from the Finnish department store chain Stockmann Oyj Abp. The offer consists of
SEK 116 in cash for each share in Lindex. The Board has decided to recommend the
shareholders to accept the offer from Stockmann.

The Board finds the offer reasonable from a financial perspective, taking into
consideration a fairness opinion delivered by Handelsbanken Capital Markets. 

The Board also expects Stockmann to actively contribute to further development
and growth of Lindex in line with the strategy decided by the Board.

”The offer from Stockmann has an acceptable level for the owners of Lindex,
giving everyone a reasonable compensation for the work being made during the
last couple of years on improving  growth and margins. Furthermore, we believe
that Stockmann actively can contribute with their experience and know-how in
order to accelerate our expansion in Eastern and Central Europe”, says Conny
Karlsson, chairman of the Board of Lindex.

An extra general meeting of the shareholders in Lindex on September, 26 decided
to accept a proposal for recapitalisation of Lindex, including a dividend of SEK
44 in cash for each share in Lindex. The recapitalisation process will be
handled in consultation with Stockmann and in a way that will not interfere with
the bid. If the offer from Stockmann will be accepted by the shareholders in
Lindex, the Board will not pursue the process of recapitalisation.




IMPORTANT NOTICES

This document is not and does not constitute an offer to buy, or solicitation of
an offer to sell, any securities in AB Lindex or Lindex Holding AB. This
document is not being issued or released, directly or indirectly, in or into the
United States, Australia, Canada, Japan, or South Africa (each, a “Restricted
Jurisdiction”), by use of mail or by any means or instrumentality (including
without limitation, facsimile transmission, telephone and the internet) of
interstate or international commerce, or any facility of a national securities
exchange, of any Restricted Jurisdiction. Any persons receiving this press
release should observe these restrictions and should not, subject to certain
exceptions, mail or otherwise distribute, forward or transmit it in, into or
from any Restricted Jurisdiction. 



For further information, please contact:
Conny Karlsson, Chairman of AB Lindex, +46 705 21 19 18

Lindex inspires women and their children with co-ordinated and value-for-money
fashion. With around 350 stores in Sweden, Norway, Finland, Czeck Republic,
Estonia, Lithuania and Latvia, Lindex is one of the largest fashion chains in
Northern Europe. Lindex business areas are Lingerie, Women's Wear and Children's
Clothing.