Contract signed for a new store in Sandefjord, Norway

Clas Ohlson has signed a contract regarding a new store in Sandefjord, Norway. The retail space will amount to a total of 1,600 square metres. The store’s catchment area comprises approximately 42,000 residents and the store is scheduled to open in autumn 2014/winter 2015.

Future store establishments that have been contracted to date are: Sogndal, Norway in June 2013; Heiane Shopping Centre in Stord, Norway in June 2013; Norra Backa Shopping area, Borlänge, Sweden in October 2013; Mobilia Shopping Centre, Malmö, Sweden in September 2013; Kaari Shopping Centre, Kannelmäki, Helsingfors, Finland in November 2013; Vimpeln Shopping Centre in Alingsås, Sweden in March 2014; Kungens Kurva in Huddinge, Stockholm, Sweden in March 2014; Barkarby Gate, Stockholm, Sweden in October 2014; Orkdal, Norway in autumn 2014; Mandal, Norway in autumn 2014; Sandefjord, Norway in autumn 2014/winter 2015 and Umeå Syd in Umeå, Sweden in March 2015.

During the 2013/14 financial year Clas Ohlson aim to establish 12-17 new stores. With currently 176 stores and 12 contracted stores, Clas Ohlson will have a total of 188 stores, of which 79 in Sweden, 67 in Norway, 30 in Finland and 12 in the UK.

For further information, please contact:

Geir Hoff, Country Manager Norway, Phone: +47 23 21 40 22.

John Womack, Director of Information and Investor Relations, Phone: +46 (0)247-444 05.

About Clas Ohlson
Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Dalarna, Sweden. Today, the company has 176 stores in four countries and sales via the Internet, mail order, telephone and social media. Clas Ohlson helps its customers solve everyday practical problems with a range of affordable products in the five product areas: Hardware, Electrical, Home Multimedia and Leisure categories. The company is listed on the OMX Nordic Exchange and has approximately 4,000 employees. For further information about Clas Ohlson, visit http://about.clasohlson.com (financial information) or http://www.clasohlson.com  (e-commerce).

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