Interim Report May 1, 2008 – January 31, 2009

Operating profit amounted to SEK 27.6 MNine months (May 2008 – January 2009)• Net sales amounted to SEK 1,118.2 M (1,284.1), down 13% compared with the preceding year. Sales in the Group’s comparable stores decreased by 19% (neg: 3).• Profit after tax amounted to SEK 13.3 M (120.0). Earnings per share before dilution of SEK 0.45 (4.13).• The Group established 11 new stores (19).Third quarter (November 2008 – January 2009)• Net sales amounted to SEK 456.4 M (523.2), down 13% from the preceding year. Sales in the Group’s comparable stores decreased by 18% (neg: 5).• Profit after