Axfood to establish store in Kungsholmen

Axfood to establish store in Kungsholmen

Axfood has signed a contract with the property company Niam Fond III, Owner of
the property Roddaren 58 to establish a grocery store on Fleminggatan in
Stockholm's Kungsholmen district. The store will be located on the underground
level at the corner of Fleminggatan and St. Eriksgatan and will open in 2008.

For further information, please contact:
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.