Hakon Invest completes divestment of Hemma

The sale of Hakon Invest's subsidiary Hemmabutikerna i Sverige AB ("Hemma") to
Elon Elkedjan Logistics AB ("EEL") has been completed. The sale will have a
negative earnings impact of SEK 60 M for the Hakon Invest Group in the fourth
quarter of 2011.

On November 9, 2011, Hakon Invest announced that the company had initiated a
process to sell Hemma to EEL. Since the Swedish Competition Authority has now
approved the transfer, all the conditions for the deal have been met. In
conjunction with the takeover, Hemma was provided with funds to redeem its debts
in an amount of SEK 122 M.

Hakon Invest has been an owner of Hemma since 2006.

EEL is a purchasing and logistics center located in Örebro, Sweden. The company
was formed in 2004 and owns four specialist retail chains: Elon, Elkedjan,
Hemexperten and Elspar as well as the online retailer Vitvarumäklarna. EEL has a
total of over 400 stores and a cooperates with 1,400 electricians. Hemma's brand
will be retained with EEL as the new owner.




For further information, please contact:

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

This information is such that Hakon Invest must disclose pursuant to the Swedish
Securities Market Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 14.00 CET on December 20, 2011.



Hakon Invest, which is listed on the Nasdaq OMX 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 focus on food. In addition, Hakon Invest owns shares in Forma
Publishing Group, Kjell & Company, Cervera, inkClub and Hemtex. Further
information about Hakon Invest is available at www.hakoninvest.se.




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