Report from Hakon Invest Annual General Meeting

Hakon Invest AB (publ) held its Annual General Meeting in Stockholm
on Tuesday, April 22, 2008. About 200 shareholders participated in
the Meeting, chaired by Lars Otterbeck, Chairman of the Board of
Directors.
At the Annual General Meeting of Hakon Invest, Board members Lars
Otterbeck, Cecilia Daun Wennborg, Anders Fredriksson, Jan-Olle
Folkesson, Jan Olofsson and Thomas Strindeborn were re-elected.
Magnus Moberg was elected as a new member. Lars Otterbeck was
re-elected Chairman. At the subsequent statutory Board meeting,
Anders Fredriksson was re-elected Deputy Chairman.
The fees to the Board of Directors was set at SEK 1,980,000, of which
SEK 550,000 to the Board Chairman, SEK 330,000 to the Deputy Chairman
and SEK 220,000 each to the other members as well as an additional
SEK 325,000 to be distributed for committee work in accordance with
the Meeting's decision.
The Meeting approved the Board's proposal for guidelines for
remuneration to senior executives, which correspond to previous
year's principles for remuneration. The Board also approved on the
proposal for the 2008 incentive program for Executive Management and
some key employees. In line with the proposal, the repurchase of own
shares and the requisite transfers of own shares was approved.
The Meeting approved a dividend of SEK 6.00 per common share (5.50).
The record date was determined as Friday, April 25, 2008.
 
Hakon Invest (publ)
For more information, contact:
General Counsel                                        
                    Head of Investor Relations
Fredrik
Hägglund                                                           
Pernilla Linger
tel. +46-8-553 399 08
                                                    tel. +46-8-553
399 55
 
This press release is not for publication or distribution in or into
the US, Canada, Australia or Japan.
 
Hakon Invest, which is listed on the OMX Nordic Exchange in
Stockholm, conducts active and long-term investment operations in
retail-oriented companies in the Nordic and Baltic region. Hakon
Invest owns 40% of ICA AB, the Nordic region's leading retail company
with a focus on food. The portfolio also includes shares in Forma
Publishing Group, Kjell & Company, Hemma, Cervera, inkClub and
Hemtex. Further information about Hakon Invest is available at
www.hakoninvest.se.