Contract signed for new store in Liljeholmen, Stockholm

Clas Ohlson has signed a contract for a new store in the shopping centre Liljeholmtorget, Stockholm, Sweden. The retail space will amount to a total of 1 241 square metres. The store’s catchment area comprises more than 80 000 residents and the store is scheduled to open in October 2010.

Future store establishments that have been contracted to date are: Kongsberg, Norway, in June 2010; Bryn Senter, Oslo, Norway, in August 2010; Bromma, Stockholm, Sweden, in September 2010; Liljeholmen, Stockholm, Sweden and Lambertseter, Oslo, Norway, in October 2010; Drottninggatan, Stockholm, Sweden and Kiruna, Sweden in October/November 2010; Jönköping, Sweden and Lillehammer, Norway, in November 2010; Gränby, Uppsala, Sweden, in autumn 2011; Erikslund, Västerås, Sweden in September 2011; Bodø and Elverum, Norway, in November 2011; Norrtälje, Sweden, in spring 2012 and Emporia, Malmö, Sweden, during the 2011/2012 financial year.

Clas Ohlson plans to 17-22 new stores during the 2010/2011 financial year, of which 6-10 in the UK. With currently 120 stores and 15 contracted stores, Clas Ohlson will have a total of 135 stores, of which 65 in Sweden, 47 in Norway, 16 in Finland and seven in the UK.

For further information, please contact:
Bo Heyman, Director of Establishment, Mobile +46 (0)70-597 44 90
John Womack, Director of Information and Investor Relations; Mobile +46 (0)70 678 24 99