KOMPLETT REPORTS REVENUE OF MNOK 440 IN DECEMBER 2010

Direct sales accounted for MNOK 312.2 (+16 %) compared to MNOK 269 for the same month in 2009. Direct sales includes sales in the web shops Komplett.no, Komplett.se, Komplett.dk, MPX.no, inWarehouse.se and Jernia.no. In 4Q 2010, Komplett has intensified its marketing activities significantly to strengthen its market position. This means that the overall level of costs will be higher than in comparable quarters. Komplett's revenue for December 2010 was MNOK 439.6 (+2 %) as compared to MNOK 432.4 for the same month in 2009. Komplett posted total direct sales of MNOK 2 614 (+12 %) in 2010, up from MNOK 2 337 in 2009. Komplett posted total revenue of MNOK 3 808 (+2 %) in 2010, up from MNOK 3 749 in 2009. The company will release its fourth quarter 2010 interim report at 08:00 hours on 4th of February 2011. This presentation will be available on webcast, please connect to www.komplett.com Revenue figures for January 2011 will be released on 4 February 2011 prior to the opening of stock exchange trading. For further information, please contact Cay Bakkehaug CFO Tel: +47 91 39 33 92 or cay.bakkehaug@komplett.com Komplett ASA - Tel. +47 33 45 42 00 - Fax +47 33 45 42 01 www.komplett.com This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) Press release: http://hugin.info/131482/R/1477513/413511.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Komplett ASA via Thomson Reuters ONE [HUG#1477513]