Hakon Invest buys additional shares in Cervera

Today Hakon Invest acquired the Kopsch family's shares in Cervera.
The transaction involved 33% of the capital and votes in Cervera. As
a result of this deal, Hakon Invest increases its holding from 48% to
81% of the capital and votes. Hakon Invest made a cash payment of SEK
30 M for 33% of the shares. Hakon Invest intends to sell up to 5
percentage points to the other shareholders at the same price per
share.

Since Hakon Invest became an owner, Cervera has undergone an
extensive change program designed to improve opportunities for sales
growth and profitability. During 2008 Cervera produced a new store
concept and developed its product range. The company also continued
its efforts to strengthen the supply chain and consolidate its
relationships with suppliers."The Kopsch family invited us to increase our stake in Cervera.
Increased ownership is in line with our investment strategy and in
our opinion Cervera has a strong platform where the company is in the
middle of a positive program of change," comments Stein-Petter Ski,
Senior Investment Manager at Hakon Invest.

As a result of the increase in Hakon Invest's holding, Cervera will
be reported as a subsidiary in the Hakon Invest Group.

Cervera is a retail chain within glassware, porcelain, cutlery,
kitchenware, household appliances and giftware. The Cervera chain has
47 stores from Luleå in the North of Sweden to Malmö in the south.

For further information, please contact:

Senior Investment Manager
Stein Petter Ski
tel +46 8 55 33 99 44

IR Manager
Pernilla Grennfelt
tel +46 8 55 33 99 55

Hakon Invest, which is listed on Nasdaq OMX in Stockholm, conducts
active and long-term investment operations in retail-oriented
companies in the Nordic 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.