Contract signed for a new store in Sweden

 | Source: Clas Ohlson AB Clas Ohlson AB 

Contract signed for a new store in Sweden

 

Clas Ohlson has signed a contract regarding a new store at Valbo
Shopping Center, Gävle, Sweden. The retail space will amount to a total
of 1,449 square metres. The store's catchment area comprises
approximately 94,000 residents and the store is scheduled to open in
autumn 2011/winter 2012.

Future store establishments that have been contracted to date are:
Akseli Shopping Centre, Mikkeli, Finland in June 2011; Flygstaden
Shopping Centre, Halmstad, Sweden in June 2011; Newcastle, UK in August
2011; Gränby, Uppsala, Sweden in August 2011; Buskerud Storsenter
Shopping centre, Nedre Eiker, Norway in September 2011; Erikslund,
Västerås, Sweden in September 2011; Palokka Shopping area, Jyväskylä,
Finland in September 2011; Byporten Kjøpesenter, Mo i Rana, Norway in
October 2011; Bogstadsveien, Oslo, Norway in October 2011; Alta, Norway
in October/November 2011; Karisma, Lahti, Finland in November/December
2011; Valbo Shopping Center, Gävle, Sweden in autumn 2011/winter 2012;
Elverum, Norway in Ferbruary/March 2012; Kongssenteret Shopping Centre
in Kongsvinger, Norway in winter/spring 2012; Norrtälje, Sweden in
spring 2012; Ängshagen Shopping area, Lidköping, Sweden in spring 2012;
Willa Shopping Centre, Hyvinkää, Finland in October 2012; Matkus
Shopping area, Kuopio, Finland in October 2012; Amfi Ørsta, Ørsta,
Norway in autumn 2012; Norra Backa Shopping area, Borlänge, Sweden in
autumn 2012; Emporia, Malmö, Sweden during the 2011/2012 financial year
and Mobilia Shopping Centre, Malmö, Sweden in autumn 2013.

During the 2011/12 financial year we aim to establish 17-22 stores of
which 2-4 in Finland and 1-4 in the UK. With currently 141 stores and 22
contracted stores, Clas Ohlson will have a total of 163 stores, of which
70 in Sweden, 59 in Norway, 22 in Finland and 12 in the UK.

For further information, please contact:

Bo Heyman, Director of Retail expansion, Mobile +46 (0)70-597 44 90.
John Womack, Director of Information and Investor Relations, +46
(0)247-444 05.