Lindex opens large store in Berlin

Lindex expands its investment in the German market and opens a large storein the most fashionable street in BerlinLindex, which is a leading retail clothing chain in the Nordic countries,opens a large store on Kurfürstendamm in Berlin on 24 November. The storesignals the start of Lindex's investment in stores in an international bigcity environment.The Berlin store will be the thirty-first Lindex store in Germany, and thefirst outside the Nordrhein-Westfalen region. The expansion in Germanywill continue and 10-15 new stores will open every year. Establishmentwill mainly be made in cities with more than 50,000 inhabitants. Thestores will be located both in the Berlin region and south of Nordrhein-Westfalen.Lindex is also continuing its expansion in its other markets in the Nordiccountries, Sweden, Norway and Finland with a total of 15-20 new stores perannum."Our expansion strategy is very clear," says Hans Johansson, Presidentand CEO of Lindex. "We will open additional stores in prime locations incities with significant purchasing power. Larger store areas, as inBerlin, provide us with improved opportunities for displaying ourmerchandise and offering our customers even better service."Lindex's sales for the 1999/2000 financial year amounted to SEK 4.114Mwhich is an increase of 14 per cent compared with the previous year.AB Lindex (publ)För further information, please contact:Åsa Lindell Byström, Director GroupCommunications & Investor RelationsTelephone +46 (0)322 744 00Mobile +46 (0)706 33 59 79Lindex is a retail chain with a total of 336 stores, of which 305 on theNordic market and 31 stores in Germany. The Group´s product segments areladies' wear, lingerie, children's clothing and Lindex Care - cosmeticsand body care products.------------------------------------------------------------This information was brought to you by BIT http://www.bit.seThe following files are available for download:http://www.bit.se/bitonline/2000/11/14/20001114BIT00530/bit0001.doc http://www.bit.se/bitonline/2000/11/14/20001114BIT00530/bit0002.pdf

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