Kid ASA — Earnings Release 2016

Apr 8, 2016

Revenues for the first quarter of 2016

Revenues for the first quarter of 2016

Lier, 8 April 2016: Kid ASA today announces unaudited

revenue figures for the first quarter of 2016 (previous year

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

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

- Q1 revenues decreased by 0.6% to NOK 230.6 million (NOK

231.9 million). Like-for-like sales decreased by 4.5%.

Online sales increased by 32.2%.

- Revenues were negatively impacted by the Easter holiday in

Q1, whereas Easter was in Q2 last year. The number of

shopping days in the quarter was 74 (76).

- There were no store openings or closings during the

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

quarter was 130.

Revenue figures for the second quarter of 2016 will be

announced on 8 July 2016 at 07:30 (Oslo Time).

ENQUIRIES

Kjersti Hobøl, CEO Kid, +47 918 35 965

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