Notice of Annual General Meeting

Notice of Annual General Meeting

The shareholders of Axfood AB are hereby summoned to the Annual General Meeting
to be held at 5 p.m. on Wednesday, 14 March 2012. Location: Cirkus,
Djurgårdsslätten 43–45, Stockholm. Registration will open at 4 p.m.

As reported in the notice of the Annual General Meeting, the Board has proposed
a dividend of SEK 12 per share and 19 March 2012 as the record date.
The notice can be found on Axfood's website, www.axfood.se, and have been
attached to this press release.

For further information, please contact:
Anders Strålman, President and CEO, Axfood AB, +46-70-293 16 93
Karin Hygrell-Jonsson, CFO, Axfood AB, +46-70-662 69 70