Interim Report Axfood AB (publ.) for the period 1 January–30 June 2007

• Axfood's consolidated sales amounted to SEK 14,335 m (14,198) during the first six
months of the year, an increase of 1.0%.

• Like-for-like sales rose 0.6%. Retail sales for Axfood's wholly owned stores decreased by 0.1% during the period.

• Operating profit for the period January–June was SEK 537 m (501).

• Profit after financial items for the period was SEK 520 m (491).

• Profit after tax for the period was SEK 374 m (353), and earnings per share were SEK 7.14 (6.57).

• The yearly forecast for 2007 remains intact.