Fourth quarter, June 1, 2010 - August 31, 2010 § Net sales totaled SEK 759 M (813), down 6.7 percent. The negative impact from the divested operations at Steen & Ström department store is -4.0 percent and currency effects +0.7 percent. Sales in comparable proprietary stores decreased 0.8 percent. § The operating result has improved with SEK 57 M to SEK 6 M (-51) The profit before tax amounted to SEK -12 M (-58). § Profit after tax amounted to SEK -9 M (-43), corresponding to a profit per share of SEK -0.05 (-0.38). § Cash flow from operating activities amounted to SEK 48 M (5). The interim-report period, September 1, 2009 - August 31, 2010 § Net sales totaled SEK 3 054 M (3 207), down 4.8 percent. The negative impact from the divested operations at Steen & Ström department store is -1.6 percent and currency effects is +0.1 percent. Sales in comparable proprietary stores declined 1.0 percent. § The operating result improved with SEK 184 M to SEK 48 M (-636 including goodwill write-down of SEK 500 M). The profit before tax amounted to SEK 22 M (- 689). § The profit after tax amounted to SEK 29 M (-663), corresponding to a profit per share of SEK 0.18 (-6.12). § Cash flow from operating activities amounted to SEK 120 M (-104). § The operations at the Steen & Ström department store in Oslo is divested. § RNB implemented a private placement to Konsumentföreningen Stockholm and a rights issue to existing shareholders that provided the company with about SEK 315 M before issue costs. § The Board of Directors of RNB RETAIL AND BRANDS has decided to retain and continue to operate its departments at NK in Stockholm and NK in Gothenburg. § Through new credit agreements, the company has secured its long-term loan financing. For further information, contact: Mikael Solberg, CEO, RNB RETAIL AND BRANDS, +46 8 410 520 20, +46 768 87 20 20, mikael.solberg@rnb.se Gunnar Bergquist, CFO, RNB RETAIL AND BRANDS, +46 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. [HUG#1453725] Year-end report, September 1, 2009 - August 31, 2010: http://hugin.info/132993/R/1453725/394210pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: RNB Retail and Brands AB via Thomson Reuters ONE