As stated in announcement 2 / 2015 m anagement expects that the financial year 2014/15 will show a revenue decline of -20 % with net sales of amounting to DKK 380 mill . As a consequence of lower revenues the EBITDA is expected to represent a loss of DKK -28 mill.


Management is actively seeking to identify strategic and structural opportunities to increase revenues and earnings and to strengthen the capital structure of the company . The result of thiswill be publishedonce completed.


Questions regarding this notice should be addressed to Chairman Nicolai Kærgaard on mobile number + 45 26 22 99 or CEO Marc Jeilman on mobile number +45 20 35 25 80.


STYLEPIT A/S



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