Interim Report Axfood AB 1 January-30 June 2010

Interim Report Axfood AB 1 January-30 June 2010

- Axfood's consolidated sales for the period April-June totalled SEK
8,583 m (8,216), an increase of 4.5%.

- Retail sales for Group-owned stores rose 0.7% during the period.
Like-for-like sales fell by 1.9%.

- Operating profit for the period was SEK 279 m (269).

- Profit after financial items for the period was SEK 270 m (258).

- Profit after tax for the period was SEK 199 m (190), and earnings per
share were SEK 3.79 (3.63).

- Axfood Närlivs signed an agreement to acquire Reitan Servicehandel's
cold storage distribution centre in Stockholm. Axfood will take over
operations on 1 October 2010.

- Axfood's goal for 2010 is to achieve an operating profit at least at
the same level as in 2009.

For further information, please contact:
Anders Strålman, President and CEO, +46-70-293 16 93
Karin Hygrell-Jonsson, CFO Axfood AB, +46 70-662 69 70
Anne Rhenman-Eklund, IR manager Axfood AB, +46 70-280 64 59