Axfood — Board/Management Information 2007

Nov 21, 2007

PRESS RELEASE 21 November 2007

Camilla Weiner appointed as new Head of Corporate Communications for Axfood

Camilla Weiner, 39, has been appointed as the new Head of Corporate Communications for Axfood AB.

Weiner has a degree in Business Administration and Economics from Uppsala University.

From 1991 to 1994, Weiner served as an auditor at Price Waterhouse. From 1995 to 2002 she held various positions at Securitas AB, starting out as financial controller and later as head of investor relations. In her final years at Securitas she served as head of corporate communications and investor relations. In connection with Securitas' move of its headquarters to London in 1999, Weiner built up a new corporate communications function at the London office.

Weiner has been working as head of corporate communications for Ahlsell AB since 2003. She is a member of the executive management and has overall responsibility for the Group's information and market communication.

"I am happy to have Camilla on our team," comments Anders Strålman, President and CEO of Axfood AB. "With her depth of experience and broad-based communications background, she will make a strong contribution to Axfood."

Camilla Weiner will be a member of Axfood's Executive Committee and will assume her duties on 1 March 2008.

For further information, please contact:

Anders Strålman, President and CEO, Axfood AB, +46-708-37 88 37 Camilla Weiner, +46 734 04 7062 Ingmar Kroon, Press Manager, Axfood AB, +46-702-89 89 83

Axfood AB conducts retail trade through the wholly owned store chains Hemköp, Willys and Willys hemma, comprising approximately 220 stores, 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. These include stores within the Hemköp chain as well as stores run under the Handlar'n and Tempo profiles. In all, Axfood collaborates with over 500 proprietor-run stores. Axfood is listed on the Nordic Large Cap list of the OMX Nordic Exchange. Axel Johnson AB is the principal owner, with approximately 46% of the shares.