Axfood's sales rise by 1.3 percent in May

Axfood's sales rise by 1.3 percent in May

Consolidated net sales* (excluding VAT) totalled SEK 2,508  m (2,477), an
increase of 1.3% compared with the same period a year ago. Net sales for stores
in Sweden owned by the Group decreased by 0.7% for the month of April, with no
change in like-for-like sales. 

Sales for the period January-May 2007 rose 0,4%, with a 1.1% rise in
like-for-like sales. Consolidated net sales totalled SEK 11,839 m (11,657), an
increase of 1,6%. Net sales for Axfood's stores (wholly owned and franchise
units) rose 1,8%, with a 1,4% rise in like-for-like sales.

Hemköp's sales (wholly owned and franchise units) increased by 1.0 % during the
month, with a 0.6% rise in like-for-like sales. Accumulated sales increased by
1.3%, with a 1.3% rise in like-for-like sales. 

Net sales for Hemköp's wholly owned stores decreased 4.1% during the month, with
an 0.6% decrease in like-for-like sales. Accumulated sales decreased by 4.0%,
with no change in like-for-like sales. 

Willys' sales increased by 0.6% during the month, with a 0,3% rise in
like-for-like sales. Accumulated sales increased by 2.1% with a 1.5% rise in
like-for-like sales.

For further information, please contact:
Karin Hygrell-Jonsson, CFO Axfood AB, +46 70-662 69 70 
Ingmar Kroon, Press Manager, +46 702-89 89 83

Axfood AB conducts retail trade through the wholly owned store chains Hemköp,
Willys and Willys hemma, comprising slightly more than 220 stores, and wholesale
trade through Dagab and Axfood Närlivs. In addition, Axfood collaborates with a
number of proprietor-run stores that are tied to Axfood through agreements.
These include stores within the Hemköp chain as well as stores run under the
Handlar'n and Tempo profiles. In all, Axfood collaborates with over 500
proprietor-run stores. Axfood is listed on the Nordic Large Cap list of the OMX
Nordic Exchange. Axel Johnson AB is the principal owner, with approximately 46%
of the shares.