Pressrelease from Extra Shareholders’ Meeting of RNB RETAIL AND BRANDS AB 4 July 2006

Resolution regarding authorization for the Board of Directors to decide on issues in kind The Meeting resolved, in accordance with the Board’s proposal, to authorize the Board, for the period until the next Annual General Meeting and on one or more occasions, to decide on issues in kind. The authorization entitles the Board to decide on issues of maximum 23.538.000 new shares.

The authorization follows on, and can only be used for the completion of, the public offer that the Board of RNB RETAIL AND BRANDS AB made to the shareholders and holders of warrants in JC AB on 9 May 2006 to acquire all shares and warrants in JC. The consideration in the offer consists of a combination of newly issued shares and cash payment. The acceptance period for the offer runs until 7 July 2006, inclusive. For further information, contact: Mikael Solberg, President and CEO, RNB RETAIL AND BRANDS +46 (0)8-670 95 95, +46 (0)708-18 44 40, e-mail: mikael.solberg@rnb.se Göran Blomberg, CFO, RNB RETAIL AND BRANDS +46 (0)8-670 95 99, +46 (0)733-97 95 99, e-mail: goran.blomberg@rnb.se