Lindex strengthens its management in Germany

News release Lindex strengthens its management in Germany The initial project organisation for Lindex's establishment in Germany, which was formed in connection with the start during spring 98, is now being strengthened ahead of the continued expansion. A strongly focused operating organisation has been established under the leadership of Anders Jansson, Head of Lindex International in which Germany, Norway and Finland are included, aside from the current establishment function. Against this background, the Board of Directors of Lindex Textilvertrieb GmbH, Germany has decided to appoint Füsun Khan as Sales Manager/President of the company. She comes from a number of leading positions in the retail trade of which can be mentioned Country Manager of Habitat in Germany and Regional Manager of Hennes & Mauritz in Germany. "Through the recruitment of Füsun Khan, Lindex's operations in Germany will get access to her extensive experience and significant expertise with regard to the running of strongly conceptual retail trading in chain-form," says Anders Jansson in a comment on the appointment. As Sales Manager/President of Lindex Textilvertrieb GmbH, Ms Khan will report to Anders Jansson, Head of Lindex International. The current Project Manager in Germany, Christer Malmerberg, will now be able to focus on establishment matters even more extensively. Alingsås, 12 May 1999 For further information, please contact: Anders Jansson Head of Lindex International, tel +46 322-77820, 70-550 42 87 Leif Larsson, Executive Vice President and tel +46 322-77734, 708-87 77 34 Head of Investors Relations, Lindex is a retail chain with more than 280 stores on the Nordic market and 8 new stores in Germany. The Group's product segments are ladies' wear, lingerie, children's clothing and Lindex Care - cosmetics, body care and health products. Lindex has been listed on the Stockholm Stock Exchange since 1995. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/05/12/19990512BIT00110/bit0001.pdf http://www.bit.se/bitonline/1999/05/12/19990512BIT00110/bit0002.doc