Decrease in profits for RNB RETAIL AND BRANDS AB

The Company has previously announced on the conditions for further profit
improvements during the fiscal year. The report for the third quarter will show
a sharp decrease in profits. Thus the prospects for improved profits during the
year do not exist any longer.

Further information will be announced in the report for the third quarter,
published Thursday 30(th) of June.

For further information, contact:

Magnus Håkansson, CEO, RNB RETAIL AND BRANDS, +46 (0)8-
410 520 02, +46 768 87 20 02, e-mail: magnus.hakansson@rnb.se

Gunnar Bergquist, CFO, RNB RETAIL AND BRANDS, +46 (0)8-
410 520 01, +46 768 87 20 01, e-mail: gunnar.bergquist@rnb.se

RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing excellent
service and a world-class shopping experience. Sales are mainly conducted in
Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn
O. Pyret, as well as through shops in the department stores NK in Stockholm and
Gothenburg and Illum in Copenhagen. RNB RETAIL AND BRANDS has operation in 11
countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange
since 2001.


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