Axfood's sales March 2008

Axfood's sales March 2008

Consolidated net sales (excluding VAT) totalled SEK 2,660 m (2494), a rise of
6.7% compared with the same period a year ago. Net sales for stores in Sweden
owned by the Group rose by 10.1% for the month of March, with a 6.2% rise in
like-for-like sales. 

Sales for the period January-March 2008 in wholly owned stores rose by 8.6%,
with a 6.0% rise in like-for-like sales. Consolidated net sales totalled SEK
7,495 m (6,943), an increase of 8.0%. Net sales for Axfood's stores (wholly
owned and franchise units) rose 8.1%, with a 5.7% rise in like-for-like sales.

Hemköp's sales (wholly owned and franchise units) increased by 1.8 % during the
month, with a 0.1% rise in like-for-like sales. Accumulated sales increased by
3.4%, with a 0.8% rise in like-for-like sales. 

Net sales for Hemköp's wholly owned stores increased by 0.2% during the month,
with a 1.3% decrease in like-for-like sales. Accumulated sales increased by
0.9%, with a 1.2% decrease in like-for-like sales. 

Willys' sales rose by 8.7% during the month, with a 8.7% rise in like-for-like
sales. Accumulated sales rose by 8.2% with a 8.4% rise in like-for-like sales. 

PrisXtra's  net sales* totalled SEK 66 m (59), a rise of 8.5%. Like-for-like
sales rose by 4.4%. Accumulated sales increased by 6.5%.

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, Willys hemma and PrisXtra, 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.