Hakon Invest completes acquisition of ICA

Hakon Invest has today completed the acquisition of the remaining 60% of the
shares in ICA from Ahold, in accordance with the agreement announced on February
11, 2013. ICA is thus 100% owned by Hakon Invest.

The acquisition is being financed by existing liquid assets and secured bridge
financing from Handelsbanken and Nordea.

Part of the bridge financing will be repaid via an underwritten new share issue
to Hakon Invest shareholders amounting to around SEK 5 billion. ICA-handlarnas
Förbund and Industrivärden have undertaken to subscribe for new shares in the
issue in proportion to their shareholdings in Hakon Invest of 51.3% and 10%
respectively of all the shares, and also to underwrite the remainder of the new
share issue.

The Board is expected to resolve upon the new share issue in conjunction with
the publication of the interim report for January - March 2013 on April
29, 2013. This means that the subscription period for the share issue is
expected to be completed by the end of May 2013.

For more information, please contact:

General Counsel                                        Head of IR
Fredrik Hägglund                                        Pernilla Grennfelt
Tel: +46 8 553 39908                                        Tel: +46 8 553 39955

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 ICA AB, one of the Nordic region's leading retail companies
focusing on food. Hakon Invest also has holdings in Forma Publishing Group,
Kjell & Company, Cervera, inkClub and Hemtex. For more information about Hakon
Invest, visit www.hakoninvest.se

Hakon Invest AB 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 11.30 CET on Wednesday, March
27, 2013.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES,
AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR NEW
ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS
RELEASE WOULD BE UNLAWFUL.

IMPORTANT NOTICE
The information in this press release is not for release, publication or
distribution, either directly or indirectly, in the United States, Australia,
Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or New Zealand.
The distribution of this press release may be prohibited in certain other
jurisdictions. The information in this press release shall not constitute an
offer to sell or an invitation to purchase any securities in Hakon Invest in any
jurisdiction. This press release does not constitute, nor will it form part of,
an offer or invitation to purchase or subscribe for securities in the United
States. The securities referred to herein may not be offered or sold in the US
without registration or exemption from registration as provided in the US
Securities Act of 1933, as amended ("Securities Act"). Hakon Invest does not
intend to register any portion of the offering of the securities in the US or to
conduct a public offering of the securities in the US. Copies of this
announcement are not being distributed or sent and may not be distributed or
sent to the US, Australia, Hong Kong, Japan, Canada, Switzerland, Singapore,
South Africa or New Zealand.

This document has not been approved by any regulatory authority. This document
is a press release and not a prospectus, and investors should not subscribe for
or purchase any securities referred to in this document except on the basis of
the information that will be provided in the prospectus that will be published
by Hakon Invest on its website in due course.

EUROPEAN ECONOMIC AREA
Hakon Invest has not resolved to offer shares or rights to the public in any
Member State of the European Economic Area other than Sweden and any other
jurisdiction into which the offering of shares or rights may be passported.
Within such Member States of the European Economic Area other than Sweden (and
any other jurisdiction into which the offering of shares or rights may be
passported) and which has implemented the Prospectus Directive (a "Relevant
Member State"), no action has been undertaken as of this date to make an offer
to the public of shares or rights requiring a publication of a prospectus in any
Relevant Member State. In consequence, the shares or rights may only be offered
in a Relevant Member State: (a) to a qualified investor (as defined in the
Prospectus Directive or applicable law), or (b) in any other circumstances not
requiring Hakon Invest to publish a prospectus as provided under Article 3(2) of
the Prospectus Directive.

In the application of this, the expression an "offer to the public of shares or
rights" in any Relevant Member State means the communication, in any form, of
sufficient information on the terms of the offer and the shares or rights to be
offered so as to enable an investor to decide to purchase any securities, as the
same may be varied in such a Relevant Member State due to the implementation of
the Prospectus Directive in that Member State, and the expression "Prospectus
Directive" means Directive 2003/71/EC including any relevant implementing
measures in each Relevant Member State.

Handelsbanken Capital Markets and Nordea Markets are acting for Hakon Invest and
no one else in connection with the new share issue and will not be responsible
to anyone other than Hakon Invest for providing the protection afforded to their
clients or for providing advice in relation to the new share issue or any other
matter referred to in this announcement.

Handelsbanken Capital Markets and Nordea Markets accept no responsibility and
make no representation or warranty, express or implied, for the contents of this
announcement, including its accuracy, completeness or verification or for any
other statement made or purported to be made by Handelsbanken Capital Markets,
Nordea Markets, or on their behalf, in connection with Hakon Invest and the new
shares and the new share issue, and nothing in this announcement is or shall be
relied upon as a promise or undertaking in this respect, whether as to the past
or future. Handelsbanken Capital Markets and Nordea Markets accordingly disclaim
to the fullest extent permitted by law all and any liability whether arising in
tort, contract or otherwise which Handelsbanken Capital Markets and Nordea
Markets might otherwise have in respect of this announcement or any such
statement.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that reflect management's
current views with respect to future events and potential financial performance.
Although Hakon Invest believes that the expectations reflected in such
statements are reasonable, no assurance can be given that such expectations will
prove to be correct. Accordingly, results may differ materially from those set
out in the forward-looking statements as a result of various factors. You are
advised to read this announcement, and the prospectus and the information
incorporated by reference therein once available, in their entirety for a
further discussion of the factors that could affect Hakon Invest's future
performance and the sectors in which Hakon Invest operates. In the light of
these risks, uncertainties and assumptions, it is possible that the events
described in the forward-looking statements in this announcement may not occur.





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