Kid ASA — Earnings Release 2016

Jan 6, 2017

Revenues for the fourth quarter of 2016

Revenues for the fourth quarter of 2016

Lier, 6 January 2017: Kid ASA today announces unaudited

revenue figures for the fourth quarter of 2016 (previous

year in brackets). For definition of like-for-like stores,

please see latest quarterly report at

http://investor.kid.no.

- Q4 revenues increased by +11.7% to MNOK 483.8 (MNOK

433.1). Like-for-like sales increased by +8.9%. Online sales

increased by +64.5%. The number of ordinary shopping days in

the quarter was 78 (77).

- For the fiscal year 2016, revenues increased by +8.9% to

MNOK 1,293.9 (MNOK 1,188.4). Like-for-like sales increased

by +5.9%. Online sales increased by +57.2%. The number of

ordinary shopping days for the fiscal year 2016 was 306

(304).

- There were one store opening during the fourth quarter.

The total number of physical stores at the end of the

quarter was 134.

Revenue figures for the first quarter of 2017 will be

announced on 7 April 2017 at 07:30 (Oslo Time).

ENQUIRIES

Kjersti Hobøl, CEO Kid, +47 918 35 965

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