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Brothers has undergone major changes over the past 18 months that have made the company ready to increase its sales and profitability, as they have shown over the past six months. It now feels safe to hand over Brothers to Jotunfjell, which has a genuine focus on retail. I have full confidence that they will continue to develop Brothers into a successful men's fashion chain
Kristian Lustin, CEO of RNB Retail and Brands
There may be changes to the ownership of one or several of the companies at some point this fall. We’ve started sounding this out and discussions are underway.
Magnus Håkansson CEO
“The bond issue will provide a platform for flexible financing and opens up for new investors in RNB Retail and Brands”
Magnus Håkansson CEO
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Year-end report 1 September 2007 – 31 August 2008

September 1, 2007 – August 31, 2008  Net sales amounted to SEK 3,426.2 M (3,468.3), down 1.2%. Sales in comparable stores declined 2.3%.  Operating profit totaled SEK 1.8 M (342.2). After net financial items, a loss of SEK 51.8 M was reported (profit: 305.8). Nonrecurring expenses of SEK 35.3 M (income: 81.6) had a negative impact on earnings for the year.  The loss after tax totaled SEK 63.2 M (profit: 255.8), corresponding to a loss of SEK 1.11 per share (earnings: 4.49).  Cash flow from operating activities amounted to SEK 4.8 M (233.1).  Non-profitable operations at

Interim report 1 September 2007 - 31 May 2008

September 1, 2007 – May 31, 2008  Net sales amounted to SEK 2,554.7 M (2,529.3), an increase of 1%. Sales in comparable stores declined 1.9%.  Operating profit totaled SEK 52.2 M (288.2). Profit after financial net items amounted to SEK 12.5 M (260.3). Nonrecurring items totaling profit of SEK 84.0 were included in operating profit for the preceding fiscal year.  Profit after tax amounted to SEK 15.6 M (213.1), corresponding to SEK 0.27 per share (3.75).  Cash flow from operating activities was a negative SEK 39.2 M (positive: 177.3). Third quarter, March 1, 2008 – May 31,

Interim report 1 September 2007 - 28 February 2008

Continued weak trend for JC and J-Store. Favorable trend for Polarn O. Pyret, Department stores and Brothers and Sisters. First six months, September 1, 2007 – February 29, 2008 • Net sales amounted to SEK 1,777.8 M (1,770.8). Sales in comparable stores declined 0.3%. • Operating profit amounted to SEK 28.4 M (228.0). Profit after net financial items amounted to SEK 6.5 M (209.2). Impairment loss of SEK 55 M charged against income for JC´s spring collection. Positive nonrecurring items totaling SEK 84.4 M were included in operating profit for the preceding fiscal year. • Profit

Interim report 1 September 2007 - 30 November 2007

• Net sales amounted to SEK 923.7 M (889.8), an increase of 3.8%. Net sales for comparable stores rose 1.6%. • Operating profit amounted to SEK 81.5 M (86.8). Profit after net financial items amounted to SEK 70.3 M (77.3). • Profit after tax amounted to SEK 54.8 M (62.2), corresponding to SEK 0.95 (1.10) per share. • Cash flow from operating activities amounted to SEK 0.5 M (62.0). • JC/J-Store experienced a weak sales trend during the autumn.RNB Group RNB RETAIL AND BRANDS is a retailer that sells ready-to wear and fashion clothing, beauty products, accessories and jewelry.

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