Hakon Invest increases the offer and extends the acceptance period



*  Hemtex shareholders receive SEK 27 per share in cash
*  The offer is extended until 6 July 2009
*  Hakon Invest increases its holding in Hemtex to 41.3 percent of
  the shares

  On 28 April 2009 Hakon Invest AB (publ) ("Hakon Invest") made a
  mandatory cash offer to the shareholders of Hemtex AB (publ)
  ("Hemtex") (the "Offer"). Hakon Invest offered SEK 23 in cash per
  share and an additional premium of SEK 4 in cash for each share if
  Hakon Invest after the Offer holds or reaches a total holding
  exceeding 50 per cent of the total number of shares and votes in
  Hemtex.

  Hakon Invest has today acquired 3,697,928 shares in Hemtex,
  representing 9.0 per cent of the total number of shares and votes
  in Hemtex, for SEK 27 per share. Hakon Invest thereby controls
  16,977,472 shares in Hemtex, representing 41.3 per cent of the
  total number of shares and votes in Hemtex.

  As a consequence of the acquisitions, Hakon Invest revises the
  terms and conditions of the Offer and increases the consideration
  in the Offer to SEK 27 per share, thereby excluding the possibility
  to receive any additional premium. Hakon Invest will also prepare
  and file for registration and approval with the Swedish Financial
  Supervisory Authority ("SFSA") an additional addendum to the
  previously registered offer document and addendum. The offer
  document was registered with the SFSA on 25 May 2009 and the
  addendum on 12 June 2009.

  In order to enable shareholders who have not yet accepted the Offer
  to participate in the Offer, Hakon Invest extends the acceptance
  period to 6 July 2009. Settlement in respect of shareholders that
  accept the Offer after 22 June 2009 is estimated to occur on or
  about 13 July 2009.

  Settlement in respect of shareholders that accept the Offer during
  the original acceptance period, i.e. no later than on 22 June 2009,
  will not be delayed and is estimated to occur on 29 June 2009. As a
  consequence of the additional addendum to the offer document,
  shareholders of Hemtex will have a right to withdraw acceptances of
  the Offer within five business days after the announcement of the
  additional addendum, save that this shall not apply to shareholders
  whose acceptances have been settled. This means that shareholders
  who accept the Offer no later than on 22 June 2009, must withdraw
  their acceptances no later than on 26 June 2009, in order for the
  withdrawal to be effective.

  Hakon Invest may acquire additional shares in Hemtex in the market
  during the extended acceptance period.

  For more information, contact:

  SVP Investments & Portfolio Companies
  Stein Petter Ski
  tel. +46-8-55 33 99 44

  Head of IR
  Pernilla Grennfelt
  tel. +46-8-55 33 99 55

  Hakon Invest, which is listed on 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,
  one of the Nordic region's leading retail companies with a focus on
  food. The portfolio also includes shares in Forma Publishing Group,
  Kjell & Company, Hemma, Cervera, inkClub and Hemtex. Further
  information about Hakon Invest is available at www.hakoninvest.se

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