Hakon Invest to become part owner of inkClub



Hakon Invest has signed an agreement to acquire a 50% stake in the
online retailer inkClub, which sells ink cartridges on the Internet.
Hakon Invest's investment amounts to SEK 428 M.

inkClub is a pure-play online retailer that sells ink cartridges and
other printer consumables via the Internet. The company, which was
founded by entrepreneur Lennart Nyberg in 2000, has seen rapid growth
and posted a profit since the start. inkClub currently have some 1
million active costumers in 14 European countries and in 2006
reported sales of SEK 344 M and an operating profit of SEK 41 M. This
places inkClub among the leading global players in online sales of
ink cartridges.

Claes-Göran Sylvén, President of Hakon Invest: "Lennart Nyberg, with
initially very modest resources, has succeeded in building up a
highly successful and professional business in just a few years. The
Internet is an attractive sales channel and we see good potential for
expansion for inkClub."

Online shopping is becoming an increasingly important retail sales
channel. The investment in inkClub means that Hakon Invest is raising
its exposure towards this growing segment while broadening its retail
trading expertise at the same time. With a strong financial position
inkClub is well equipped for continued growth.

inkClub's success has been recognized with a number of awards in
recent years, including an Export Hermes and World Class diploma last
year from the Stockholm Chamber of Commerce for the most successful
export company. In 2005, the newspaper Dagens Industri chose
inkClub's founder Lennart Nyberg as Businessman of the Year.

Lennart Nyberg, founder of inkClub: "With Hakon Invest we are
acquiring a professional owner with a thorough knowledge of
retailing. We see major opportunities to further develop InkClub and
capture a larger market share in partnership with Hakon Invest. The
ink cartridge is a perfect product for the Internet."

Hakon Invest's investment in inkClub will be made through acquisition
of existing shares for SEK 428 M in cash. Hakon Invest will thus
acquire 50% of the capital and voting rights in inkClub. Following
the sale, the principal owner Lennart Nyberg and his family will
still own 45% of the shares with other shareholders owing 5%.

The deal is subject to the usual terms and conditions and approval
from the authorities. The deal and acquisition analysis are planned
to be completed during the third quarter of 2007.

For further information, please contact:

Hakon Invest, President & CEO
Claes-Göran Sylvén
tel +46 8 55 33 99 64

Hakon Invest, IR Manager
Pernilla Linger
tel +46 8 55 33 99 55

inkClub, founder
Lennart Nyberg
tel +46 708 24 39 11

inkClub, President & CEO
Fredrik Brandt
tel +46 708 24 39 21

Hakon Invest, which is listed on the Nordic Exchange Large Cap,
conducts active and long-term investment operations in
retail-oriented companies in the Nordic region. Hakon Invest owns 40%
of ICA AB, the Nordic region's leading retail company with focus on
food. In addition have holdings in Forma Publishing Group, Kjell &
Company, Hemma and Cervera. Further information about Hakon Invest is
available at www.hakoninvest.se.

Attachments

Press release pdf