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Increased sales and positiveearnings performance in December

RNB Retail and Brands AB (publ) (the “Company") announced on January 22, 2018 that the Company contemplates the issuance of senior secured notes. A series of investor meetings will commence on January 24, 2018. As a result, the Company chooses to announce a mid-quarter update with the December development.

Total sales for all comparable stores in RNB developed positively in December 2017 by + 2.1% compared with the previous year. For comparable stores in Sweden, the increase was + 0.8% compared with the previous year. During the same period, the Swedish clothing market's sales in comparable stores decreased by -4.7 percent according to Stilindex.

The positive sales growth for RNB implied that operating profit, EBIT, was also better in December than in the corresponding month of the previous year.

This communication does not represent a forecast for the second quarter 2017/2018 as a whole but aims to ensure that the capital market has access to the same information.