Axfood's sales October 2007

Axfood's sales October 2007

Consolidated net sales (excluding VAT) totalled SEK 2,481 m (2,385), a rise of
4.0% compared with the same period a year ago. Net sales for stores in Sweden
owned by the Group rose by 1.7% for the month of October, with a 2.4% rise in
like-for-like sales. 

Sales for the period January-October 2007 in wholly owned stores decreased by
0.1%, with a 0.4% rise in like-for-like sales. Consolidated net sales totalled
SEK 24,017 m (23,809), an increase of 0.9%. Net sales for Axfood's stores
(wholly owned and franchise units) rose 1.1%, with a 0.6% rise in like-for-like
sales.

Hemköp's sales (wholly owned and franchise units) increased by 4.4 % during the
month, with a 1.5% rise in like-for-like sales. Accumulated sales increased by
1.1%, with a 0.1% rise in like-for-like sales. 

Net sales for Hemköp's wholly owned stores rose by 0.1% during the month, with a
0.2% decrease in like-for-like sales. Accumulated sales decreased by 3.4%, with
a 1.1% decrease in like-for-like sales. 

Willys' sales rose by 2.3% during the month, with a 3.0% rise in like-for-like
sales. Accumulated sales rose by 1.1% with a 0.9% rise in like-for-like sales.

For further information, please contact:
Anne Rhenman-Eklund, IR-chef Axfood AB, 070-280 64 59
Karin Hygrell-Jonsson, CFO Axfood AB, +46 70-662 69 70

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.