Swedish Competition Authority approves Hakon Invest's planned acquisition of Hemtex

The Swedish Competition Authority (Sw. Konkurrensverket) has decided
to allow Hakon Invest AB's (publ) ("Hakon Invest") planned
acquisition of Hemtex AB (publ) ("Hemtex") without imposing measures.
This means that the Swedish Competition Authority is approving the
corporate concentration that may arise when Hakon Invest acquires
further shares in Hemtex. The Norwegian Competition Authority has
given equivalent approval.

On April 28, 2009 Hakon Invest made a mandatory bid offer to Hemtex's
shareholders. Hakon Invest is making a cash offer of SEK 23 per
Hemtex share plus an additional premium of SEK 4 cash per share that
will be payable if completion of the offer results in Hakon Invest
achieving or holding a shareholding in excess of 50% of the shares
and votes in Hemtex. The acceptance period for the offer is up to and
including June 22, 2009.

Hakon Invest's offer was conditional upon Hakon Invest receiving the
necessary approvals from competition authorities on terms acceptable
to Hakon Invest. This condition has now been met.

For more information, please contact:

SVP Investments & Portfolio Companies
Stein Petter Ski
Tel +46 8 55 33 99 44

Head of Investor Relations
Pernilla Grennfelt
Tel +46 8 55 33 99 55

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 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 and inkClub. Further information
about Hakon Invest is available at www.hakoninvest.se