ICA Gruppen sells Cervera

ICA Gruppen has signed an agreement to sell Cervera. The sale is expected to
generate a capital gain of approximately SEK 15 million for ICA Gruppen.
ICA Gruppen has signed an agreement with Accent Equity 2012 to sell Cervera. The
capital gain is expected to amount to approximately SEK 15 million after
transaction expenses, and is expected to be completed during the second quarter
of 2015.

-       ICA Gruppen’s CEO, Per Strömberg, comments: "The divestment of Cervera
is in line with the strategy adopted in the autumn of 2013, which means that we
are focusing our non-food offering. With this transaction, together with the
divestment of Kjell & Company in May 2014 and the divestment of Forma in October
2014, we have now completed this process.

Today, Cervera has a national retail network consisting of approximately 70
stores. Cervera’s sales amounted to SEK 745 million in 2014. ICA Gruppen’s
ownership share in Cervera amounts to 91.4%. Other shareholders sell their
shares in the transaction on the same terms.

The sale, which is subject to approval by the Swedish Competition Authority, is
expected to be completed in the second quarter of 2015.

Handelsbanken Capital Markets has acted as financial advisor to ICA Gruppen in
connection with the transaction.
For further information, please contact
ICA Gruppen press office, telephone: 46 10 422 52 52

ICA Gruppen discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at time 08.45 CET on Monday, 16 March 2015.
ICA Gruppen AB (publ) is a leading retail company with a focus on food and
health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct
grocery retail, ICA Real Estate which owns and manages properties, ICA Bank
which offers financial services and, since January 2015, Apotek Hjärtat which
conducts pharmacy operations. The Group also includes ICA Norway which is being
divested, the wholly owned portfolio company inkClub and the partly owned
portfolio companies Cervera and Hemtex. For more information see icagruppen.se