Lindex Moves Its Head Office to Goteborg


STOCKHOLM, Sweden, Sept. 2, 2002 (PRIMEZONE) -- Wishing to get closer to its customers and to the influences of fashion, while aiming to be a more attractive employer, Lindex has decided to move its head office to Goteborg.

In the first quarter of the 2003/2004 financial year, the Lindex head office will be moving to newly built facilities in central Goteborg. Some service divisions will remain in Alingsas, while purchasing, sales and marketing make the move to Goteborg.

"The move to Goteborg is a major step in our efforts to become an even better fashion company," said Jorgen Johansson, President and CEO of Lindex. "It is also part of our overall ambition, to focus more on the customer. Our head-office staff will get even closer to our customers' everyday situation; they'll see the customer on the street, in restaurants and in our stores. In addition, we expect the move to make it easier to recruit and retain skilled employees."

Lindex will rent offices in the Centralhuset property, which NCC is building in the very heart of Goteborg, right next to the central station and the Nordstan shopping centre.

"We have found an office with a unique position in many ways, particularly considering access to travel and transport," Johansson said.

Lindex and NCC have also agreed that NCC will acquire Lindex's property in Alingsas in 2003. Lindex will then rent the office space it needs for its remaining activities there.

For more information, contact:


Jorgen Johansson, President and   Telephone: +46 (0) 322-777 02
CEO                               Mobile: +46 (0) 705-94 21 22
                                  
Peter Andersson, Chief Financial  Telephone: +46 (0) 322-778 50
Officer                           Mobile: +46 (0) 705-84 44 37
                                  
Ulrika Danielson, Manager of      Telephone: +46 (0) 322-74 400
Communications                    Mobile: +46 (0) 709-50 16 13

For pictures please visit our homepage: www.lindex.com

The Lindex group consists of two store chains: Lindex, with 353 stores - 318 on the Nordic market and 35 in Germany; and Twilfit, with 60 stores in Sweden, 13 of which are franchises. The group's product areas are ladies' wear, ladies' underwear and children's clothing.

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