Nobia — M&A Activity 2007

Dec 14, 2007

Nobia divests British bathroom retailer C.P. Hart

Nobia has today entered into an agreement to sell C.P. Hart, which comprises five bathroom stores in the UK.

The buyer is Charco 2010 Ltd, owned by Kevin Ohle and Richard Reynolds. C.P. Hart, which is headquartered in London, generates net sales of approximately SEK 220 million, has about 100 employees and sells exclusive bathroom interiors in the UK. C.P. Hart has no operational links to Nobia's kitchen business in the UK.

For more information on C.P. Hart, visit www.cphart.co.uk.

Nobia AB 14 December 2007

For more information, please contact:

• Fredrik Cappelen, President and CEO, Nobia
• Ingrid Yllmark, Director Communications and IR, Nobia

Telephone Nobia: +46 8 440 16 00 or +46 (0)708 65 59 00

As the leading kitchen company in Europe, Nobia is championing the consolidation of the European kitchen industry. Nobia creates profitable growth by enhancing efficiency and making acquisitions. The Nobia Group works with more than 20 strong brands in many European countries. Sales are mainly generated through specialised kitchen studios, both wholly owned and franchised. The Group has about 8,000 employees and net sales of approximately SEK 16 billion. Nobia is listed on the OMX Nordic Exchange in Stockholm. More information is available at www.nobia.com.

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