Axfood´s sales Jan-Maj 2002

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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 http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/06/06/20020606BIT01010/wkr0001.doc http://www.waymaker.net/bitonline/2002/06/06/20020606BIT01010/wkr0002.pdf

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