ITAB Shop Concept AB has signed an agreement to extend its contract with Statoil Europe for the delivery of Statoil Europe's new shop concept.  The extension is for two years, 2010 and 2011. Statoil Europe recognises the advantages of ITAB's extensive geographic presence in Europe in terms of future expansion plans.  This agreement further reinforces ITAB's market leading position in the non-food segment. Estimates indicate the order is worth a minimum SEK 100 million for the period.

ITAB supplies complete shop fitting concepts to the food and non-food segments. Operations include project management, design, development, manufacturing and sales. The concept range includes shop interiors, primarily in wood and metal, as well as checkouts and entrance systems. The company group has about 1,600 employees.

For more information, please contact:

ITAB Shop Concept AB 

President/CEO  Ulf Rostedt 
Tel.    +46 36 31 73 00, Mobile:   +46 70 694 86 82

d.CEO Mikael Gustavsson 
Tel.    +46 36 31 73 00, Mobile:   +46 705 162866

Box 9054,

SE-550 09 JÖNKÖPING