Contract signed for new store in Elverum, Norway

Clas Ohlson has signed a contract regarding a new store in Elverum, Norway. The store will be located in the shopping centre, Kremmertorget in Elverum, Norway. The retail space will amount to a total of 1.300 square metres. The store’s primary catchment area comprises approximately 40.000 residents and the store is scheduled to open in November 2011. Future store establishments that have been contracted to date are: Frölunda, Sweden, as well as Molde, Norway, in October 2009; Bryne, Norway, in November 2009; Reading, UK, in November 2009, Kingston and Watford, UK, in December 2009; Hageby (Norrköping),Sweden, in December 2009; Norrtälje, Sweden, in spring 2010; Lambertseter (Oslo) and Lillehammer, Norway, in autumn 2010; Uppsala (Gränby),Sweden, in March 2011; Bodø and Elverum, Norway in November 2011 and Malmö (Emporia), Sweden, during the 2011/2012 financial year. Clas Ohlson plans to open 15-20 new stores during the 2009/2010 financial year, of which between four and eight in the UK. With currently 109 stores and 14 contracted stores, Clas Ohlson will have a total of 123 stores, of which 57 in Sweden, 45 in Norway, 16 in Finland and five in the UK. For further information, please contact: Ola Aurtande, MD Clas Ohlson Norway, +47 23 21 40 20, Mobile +47 911 21 895 John Womack, Director of Information and Investor Relations; Mobile +46 70 678 24 99

About Us

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Sweden. Today, the company offers products and services for the everyday practical problems, in five countries via its over 200 stores and online. Clas Ohlson offers a wide range of affordable products in five product areas: Hardware, Electrical, Home, Multimedia and Leisure. The company is listed on Nasdaq Stockholm, has sales of approximately 8 billion SEK and more than 4,800 employees. Visit Clas Ohlson at www.clasohlson.com.

Contacts

  • Clas Ohlson

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