Axfood increases its ownership in Spar Finland

Axfood AB (publ) has by the time of expiration of the redemption offer period obtained a total of 69.29% of the share capital and a total of 75.25% of the votes in Spar Finland Oyj.

The Redemption Offer was launched on 1 October 2001 and expired on 1 November 2001. The redemption price was EUR 27.00 both for A and K shares. During this period acceptances representing 47,218 A shares and 30,400 K shares were received. In combination with earlier owned and acquired shares Axfood's ownership amounts to a total of 357,715 A- shares and 429,657 K-shares representing 69.29% of the shares and 75.25% of the votes in Spar Finland.