Axfood´s sales Jan-Maj 2002

Axfood´s sales January-May 2002 Consolidated net sales (excluding VAT) for the month of May totalled SEK 2,869 m (2,781), an increase of 3.2% compared with the same period a year ago. For stores owned by the Group, the increase was 8.9% Net sales for the period January-May 2002 totalled SEK 13,504 m (12,977), an increase of 4.1%. For stores owned by the Group, the increase was 12.0% in Sweden, of which same stores accounted for 4.4%. Of total sales, the Swedish operations accounted for SEK 11,250 m (10,727) and Spar Finland for SEK 2,254 m (2,250). Hemköp´s sales fell by 1.8%. The decrease for same stores was 2.4%. Willys grew its sales by 27.9%, of which same stores accounted for 10.2 percentage points. Willys Hemma grew its sales by 2.4%. The decrease for same stores was 7.0%. Spar Finland grew its sales by 0.2% and in local currency a decrease by 1.3%. For comparable stores owned by the Group the decrease was 1.2%. Sales per business operation are broken down as follows: Jan-May Jan-May 2002 2001 Change SEK m. SEK m. % Hemköp 2,633 2,682 -1,8% Willy's 3,283 2,567 27.9% Willy's Hemma 426 416 2.4% Spar Finland 2,254 2,250 0.2% Dagab 7,164 5,733 25.0% Axfood Närlivs 1,887 1,808 4.4% Other1) 839 950 -11.7% Internal sales -4,982 -3,429 45.3% Total 13,504 12,977 4.1% 1) Includes Axfood Direkt, Axfood Franchise, support companies and joint- Group functions. Preliminary sales figures will be presented on the following dates: June 1st August (Interim report) August 5th September September 23rd October (Quarterly report) October 6th November November 5th December For further information, please contact: Lars Nilsson, Executive Vice President and CFO, tel. +46-8-553 998 11, +46-70-569 66 33 Kenneth Wall, Press Manager, Axfood, tel. +46-8-553 998 20, +46-703-124 122 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

About Us

Axfood AB conducts retail trade through the wholly owned store chains Hemköp, Willys and Willys hemma and wholesale trade through Dagab and Axfood Närlivs. In addition, Axfood collaborates with a number of proprietor-run stores that are tied to Axfood through agreements.