Interim Report January


January 1 - March 31, 2008
*  Group revenues amounted to SEK 283 M (154). This represents an
  increase of 84.1% compared with the same period in 2007. The
  increase is mainly explained by acquired operations.
*  Operating profit in the Group, including share of profits of ICA
  AB, amounted to SEK 30 M (99).
*  Loss for the period amounted to SEK 26 M (+511). The comparative
  figure includes positive income tax of
  SEK 350 M due to the decision by the Swedish Tax Agency during the
  first quarter of 2007 to allow Hakon Invest a tax deduction
  relating to earlier losses on a shareholding. Earnings per share
  amounted to SEK -0.15 (3.18) before and after dilution.
*  The ICA Group's revenues increased by 13.3%. Operating profit
  amounted to SEK 259 M (346).
*  In February, 12.1% of the capital and voting rights in Hemtex was
  acquired. After the end of the period the holding in Hemtex was
  increased to 17.3%.

  For further information, please contact

  President and CEO
  Claes-Göran Sylvén
  +46 8 55 33 99 64

  CFO
  Göran Hesseborn
  +46 8 55 33 99 99

  Head of IR
  Pernilla Linger
  +46 8 55 33 99 55

  Press and analyst meeting
  At 10.30 CET today, Wednesday, May 7, Hakon Invest will hold a
  press and analyst meeting in Salén Konferens at Norrlandsgatan 15
  in Stockholm. President and CEO Claes-Göran Sylvén will present the
  interim report together with CFO Göran Hesseborn. A Q&A session
  will be held after the initial presentation.

  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, one of the Nordic region's leading food
  retail companies. Hakon Invest also has holdings in Forma
  Publishing Group, Kjell & Company, Hemma, Cervera, inkClub and
  Hemtex. Further information about Hakon Invest is available at
  www.hakoninvest.se.
Interim Report January - March 2008

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