Axfood's sales January-February 2002

Consolidated net sales* (excluding VAT) for the month of February totalled SEK 2,471 m (2,376), an increase of 4.0% compared with the same period a year ago.

Net sales for the period January-February 2002 totalled SEK 5,086 m
(4,844), an increase of 5.0%. For stores owned by the Group, the
increase was 15.7% in Sweden, of which same stores accounted for 6.9%.
Of total sales, the Swedish operations accounted for SEK 4,264 m (4,023)
and Spar Finland for SEK 822 m (821).

Hemköp grew its sales by 1.8%. The decrease for same stores was 0.6%.
Willys grew its sales by 33.8%, of which same stores accounted for 16.2
percentage points.
Willys Hemma grew its sales by 1.2%. The decrease for same stores was
1.5%.
Spar Finland grew its sales by 0.1% and in local currency a decrease by
3.2%. For comparable stores owned by the Group the decrease was 2.6%.

Sales per business operation are broken down as follows:

Jan-Feb Jan-Feb
2002 2001 Change
SEK m. SEK m. %
Hemköp 1,037 1,019 1.8%
Willy's 1,222 913 33.8%
Willy's Hemma 163 161 1.2%
Spar Finland 822 821 0.1%
Axfood wholesaling 3,235 2,699 19.9%
Other1) 317 385 -17.7%
Internal sales -1,710 1,154 48.2%
Total 5,086 4,844 5.0%

*) The figures are preliminary, definite figures will currently be
presented at under
Financial statistics
1) Includes Axfood Direkt, Axfood Franchise, support companies and joint-
Group functions.

Preliminary sales figures will be presented on the following dates:

March 25th of April (Quarterly report)
April 7th May
May 6th June
June 1st August (Interim report)
August 5th September
September 23rd October (Quarterly report)
October 6th November
November 5th December