NOTIFICATION OF ANNUAL GENERAL MEETING 2005

Shareholders in RNB RETAIL AND BRANDS AB (publ) are hereby invited to attend an Extraordinary Annual General Meeting to be held on Wednesday, April 20, 2005 at 2:00 p.m. at the company’s offices, Regeringsgatan 29, Stockholm.

Registration, etc, Shareholders who wish to participate in the Meeting shall: • be recorded in the share register maintained by VPC AB (Swedish Securities Register Center) not later than Friday, April 8, 2005. • notify the Company of the intention to participate not later than 4:00 p.m. April 15, 2005 by mail addressed to Box 16142, SE-103 23 Stockholm, or by telephone, +46 (0)8 670 95 00, or telefax, +46 (0)8 670 95 01, or by e-mail to info@rnb.se. Please provide note shareholdings, name, personal registration or corporate registration number, address. telephone number and information regarding any assistants when providing notification. Trustee-registered shares To be eligible to participate in the Meeting, shareholders whose shares are registered in the trustee department of a bank or with a private broker, must have temporarily re-registered the shares in their own name at VPC AB. Shareholders who desire such re-registration must advise their trustee in sufficient time prior to April 8, 2005, when such registration must be effected. Proposed agenda 1. Opening of the Meeting 2. Election of Chairman of the Meeting 3. Preparation and approval of the list of shareholders entitled to vote at the Meeting 4. Approval of the agenda 5. Election of on or two minutes-checkers to attest the minutes 6. Determination that the Meeting has been duly convened 7. Adoption of new Articles of Association 8. Closing of the Meeting. Proposal, Point 7: The Board proposes a 2:1 split in which the par value of each share is reduced from SEK 4 to SEK 2. It is expected that the decision can be implemented on May 9, 2005. RNB RETAIL AND BRANDS AB (publ) Stockholm in March 2005 Board of Directors