Axfood's sales January-July 2002

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Consolidated net sales* (excluding VAT) for the month of July totalled SEK 2,803 m (2,726), an increase of 2.8% compared with the same period a year ago. For stores owned by the Group, the increase was 11.6% for the month.

Net sales for the period January-July 2002 totalled SEK 19,000 m (18,464), an
increase of 2.9%. For stores owned by the Group, the increase was 10.6% in
Sweden, of which same stores accounted for 3.9%.
Of total sales, the Swedish operations accounted for SEK 15,736 m (15,190) and
Spar Finland for SEK 3,264 m (3,274).

Hemköp´s sales fell by 2.0%. The decrease for same stores was 2.0%.
Willys grew its sales by 23.8%, of which same stores accounted for 8.5
percentage points.
Willys Hemma grew its sales by 5.1%. The decrease for same stores was 7.5%.
Spar Finland´s sales fell by 0.3% and in local currency a decrease by 1.2%. For
comparable stores owned by the Group the decrease was 1.2%.

Sales per business operation are broken down as follows:

Jan-July Jan-July 2002 2001 Change SEK m. SEK m. %Hemköp 3,634 3,709 -2.0%Willy's 4,675 3,775 23.8%Willy's Hemma 600 571 5.1%Spar Finland 3,264 3,274 -0.3%Dagab 1) 10,045 8,193 22.6%Axfood Närlivs 2,739 2,642 3.7%Other 2) 1,175 1,344 -12.6%Internal sales 3) -7,132 -5,044 41.4%Total 19,000 18,464 2.9%

1) Of which direct distribution SEK 2,144 m (1,128).
2) Includes Axfood Direkt, Axfood Franchise, support companies and joint-
Group functions.
3) Of which Dagab SEK 6.319 m (4.401).

*) The figures are preliminary, definite figures will currently be presented at
under Financial

Preliminary sales figures will be presented on the following dates:
August 5th September
September 23rd October (Quarterly report)
October 6th November
November 5th December


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