Kid ASA

Earnings Release • Apr 7, 2017

Revenues for the first quarter of 2017

Revenues for the first quarter of 2017

Lier, 7 April 2017: Kid ASA today announces unaudited revenue figures for the

first quarter of 2017 (previous year in brackets). For definition of like-for

-like stores, please see latest quarterly report at http://investor.kid.no.

· Q1 revenues increased by +10.1% to MNOK 253.9 (MNOK 230.6). Like-for-like

sales increased by +7.6%. Online sales increased by +27.7%.

· Revenues were negatively impacted by the timing of the Easter holiday in Q1

last year, whereas Easter will be in Q2 this year. The number of ordinary

shopping days in the quarter was 77 (74)

· There were one store closing in the beginning of the quarter, and one store

opening at the end of the quarter. The total number of physical stores at the

end of the quarter was 134.

Revenue figures for the second quarter of 2017 will be announced on 6 July 2017

at 07:30 (Oslo Time).

ENQUIRIES

Kjersti Hobøl, CEO Kid, +47 918 35 965

Petter Schouw-Hansen, CFO Kid, +47 482 24 534