CHANGE IN THE NUMBER OF SHARES IN CDON GROUP

CDON Group AB (publ) (”CDON Group”) today announced that the total number of class C shares in CDON Group amounts to 475,000. The change refers to an issue of 285,000 class C shares in May 2012 to enable future delivery of ordinary shares to participants in CDON Group's performance based incentive programme, which was approved by the Annual General Meeting of shareholders held on 8 May 2012.

As of 31 May 2012, the total number of shares and votes in CDON Group amounts to 66,817,124, of which 66,342,124 are ordinary shares and 475,000 are class C shares. All 475,000 class C shares are held as treasury shares by CDON Group.

For further information please visit cdongroup.com or contact:

Paul Fischbein, President and Chief Executive Officer                   
Tel: 46 (0) 10 703 20 00                   

Fredrik Bengtsson, Head of Communications      
Tel: 46 (0) 700 80 75 04
Email:press@cdongroup.com, ir@cdongroup.com

About CDON Group
CDON Group is the leading e-commerce group in the Nordic region. Established in 1999, the Group has continuously expanded its product portfolio and is now a leading e-commerce player in the Entertainment (CDON.COM, BookPlus.fi, Lekmer.com), Fashion (Nelly.com, Heppo.com, Members.com), Sport & Health (Gymgrossisten.com, Bodystore.com) and Home & Garden (Tretti.com and Rum21.se) segments. The group reported revenues of SEK 3.4 billion for the full year 2011. CDON Group is listed on the NASDAQ OMX Stockholm Mid-cap list under short name CDON.

The information in this announcement is that which CDON Group AB is required to disclose under the Swedish Financial Instruments Trading Act and/or the Securities Markets Act. This information was released for publication at 18:00 CET on 31 May 2012.