Clas Ohlson: Contract Signed for a New Store in CCVest, Lilleaker Oslo, Norway

INSJÖN, Sweden--()--Regulatory News:

Clas Ohlson (STO:CLASB) has signed a contract regarding a new store in CCVest Shopping Centre, Lilleaker Oslo, Norway. The retail space will amount to a total of 868 square metres. The store’s catchment area comprises approximately 100,000 residents and the store is scheduled to open in October 2014.

Target is set to establish 12-17 new Clas Ohlson stores during fiscal year 2013/14. So far a total of eight new stores have been opened. The number of future store openings contracted amounts to a total of 10 stores. With current 182 stores and 10 contracted stores, Clas Ohlson will have a total of 192 stores, of which 81 in Sweden, 68 in Norway, 31 in Finland and 12 in the UK.

Future store openings:

Sweden

Vimpeln Shopping Centre in Alingsås, scheduled to open in March 2014 Kungens Kurva in Huddinge, Stockholm, scheduled to open in April 2014 Barkarby Gate, Stockholm, scheduled to open in October 2014 Uddevalla Torp in Uddevalla, scheduled to open in spring 2015 Umeå Syd in Umeå, scheduled to open in March 2015

Finland

Puuvilla, Björneborg, scheduled to open in October 2014

Norway

Lilleaker Oslo, scheduled to open in October 2014 Orkdal, scheduled to open in November 2014 Mandal, scheduled to open in November 2014 Sandefjord, scheduled to open in March 2015

About Clas Ohlson

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Dalarna, Sweden. Today, the company has 182 stores in four countries and sales via the Internet, mail order, telephone and social media. Clas Ohlson helps its customers solve everyday practical problems with a range of affordable products in the five product areas: Hardware, Electrical, Home Multimedia and Leisure categories. The company is listed on the OMX Nordic Exchange and has approximately 4,300 employees. For further information about Clas Ohlson, visit http://about.clasohlson.com (financial information) or http://www.clasohlson.com/uk (e-commerce).

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Contacts

Clas Ohlson
Geir Hoff, Country Manager Norway
Phone: +47 23 21 40 22
or
Sara Kraft Westrell
Director of Information and Investor Relations
Phone +46 247 649 13

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Contacts

Clas Ohlson
Geir Hoff, Country Manager Norway
Phone: +47 23 21 40 22
or
Sara Kraft Westrell
Director of Information and Investor Relations
Phone +46 247 649 13