Byggmax Group

Regulatory Filings • Mar 24, 2016

Press release 2016-03-24 at 9 am

Byggmax opens in Köping in the third quarter 2016

The low-price retailer Byggmax opens a store in Köping during Q3 2016. The store will employ five to six people. Byggmax has more than doubled the number of stores in Sweden since 2006. There are currently 77 stores throughout the country. The new store in Köping will be situated at Järnvägsgatan 7. The company has previously announced the opening of stores in Åmål, Arlandastad and Trelleborg in 2016.

– For a long time we have wanted to establish a location in Köping, and now we have found a good location for Byggmax, where a lot of people pass. Our stores in Eskilstuna and Västerås are doing well, so it feels great to be able to open in Köping, says Stefan Moseby, Regional manager at Byggmax.

Järnvägsgatan 7 in Köping is a good location, with a large space and the opportunity to establish Byggmax's concept. Overall, a retail space of approximately 8000 sqm is necessary, where the retail store and the drive-in occupy the most space. Byggmax's concept is based on offering customers quality products at a low prices, where customers can do a part of the job themselves to keep the costs down.

Good quality at a low price

Byggmax sell construction materials such as lumber, flooring, dry-wall, cement, windows, doors and paint to both professionals and DIYcustomers. The Byggmax concept is to offer good quality products at low prices.

Byggmax is also the construction material retailer that swedes deem has the lowest prices. According to Mediekompaniet's annual brand survey "MK Rapporten", conducted in June 2014, 59 % of the swedes states that Byggmax has the lowest prices. The closest competitor only reached 30 %.

For further questions, please contact:

Magnus Agervald, CEO Byggmax Mobile: +46 76 119 0020 E-mail: magnus.agervald@byggmax.se

Stefan Moseby, Regional manager Mobile: +46 761-19 01 08 E-mail: stefan.moseby@byggmax.se

About Byggmax

The home improvement discounter chain Byggmax was launched in 1993 and its business concept is to be the best and most inexpensive alternative for consumers in need of high-quality construction materials. In 2007, the Byggmax launched its business in Norway, and the first store in Finland was opened in 2008. Today Byggmax has 77 stores in Sweden, 30 in Norway and 13 in Finland. The company's sales amounted to approximately SEK 3,5 billion in 2014. Byggmax has been listed on NASDAQ OMX Stockholm since June 2010.

For more information, please visit www.byggmax.com