Kid ASA — Earnings Release 2016

Jul 8, 2016

Revenues for the second quarter of 2016

Revenues for the second quarter of 2016

Lier, 8 July 2016: Kid ASA today announces unaudited revenue

figures for the second quarter of 2016 (previous year in

brackets). For definition of like-for-like stores please see

latest quarterly report at http://investor.kid.no.

- Q2 revenues increased by +12.6% to NOK 265.5 million (NOK

235.8 million). Like-for-like sales increased by +8.1%.

Online sales increased by +65.7%. Revenues were positively

affected by the timing of the Easter holiday in Q2 last

year, whereas Easter was in Q1 this year. The number of

shopping days in the quarter was 75 (72).

- For the first two quarters of 2016, revenues increased by

+6.1% to NOK 496.0 million (NOK 467.7 million). Like-for-

like sales increased by +1.8%. Online sales increased by

+47.3%. The number of shopping days for the first two

quarters was 149 (148).

- Going forward, Kid ASA will change the definition of like-

for-like sales by including online sales. Like-for-like

sales including online sales were -3.8% in the first

quarter, +8.9% in the second quarter, and +2.6% for the

first two quarters of 2016.

- There were two store openings during the second quarter.

The total number of stores at the end of the quarter was

Revenue figures for the third quarter of 2016 will be

announced on 7 October 2016 at 07:30 (Oslo Time).

ENQUIRIES

Kjersti Hobøl, CEO Kid, +47 918 35 965

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