YEAR-END REPORT, MAY 1, 2006 – APRIL 30, 2007

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The full year profit increased by 22%

Fiscal year (May 2006–April 2007)

• Net sales increased to SEK 1,470.5 M (1,159.7), up 27% from the year-earlier period. The increase for the Group’s comparable stores was 2% (13).

• Profit after tax totaled SEK 159.5 M (130.5). Earnings per share before dilution rose to SEK 5.69 (4.76).

• Operating cash flow after investments amounted to SEK -43.3 M (13.2).

• The Board of directors proposes a dividend of SEK 4.85 (2.35) per share.

Fourth Quarter (February 2007–april 2007)

• Net sales increased to SEK 322.7 M (255.6), up 26% from the year-earlier period. The increase for the Group’s comparable stores was 5% (17).

• Profit after tax totaled SEK 13.5 M (17.7). Earnings per share before dilution fell to SEK 0.48 (0.63).

• Operating cash flow after investments amounted to SEK -41.0 M (-35.7).

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