Repurchase of treasury shares to cover incentive program allocation

At the Annual General Meeting held on April 26, 2007, Hakon Invest's
Board of Directors was authorised to repurchase shares in order to
cover allocations in the bonus and option programs for the year.
During the period March 4, 2008, through March 28, 2008, 97,100
common shares in Hakon Invest were repurchased via the OMX Nordic
Exchange in Stockholm for an average price of SEK 129.21 per share.
The Board has thus exercised its mandate and repurchases, in
accordance with the authorization from the 2007 Annual General
Meeting, have been completed.

Hakon Invest's holding of treasury shares following these purchases
totals 225,300 common shares.

The total number of shares in Hakon Invest amounts to 160,917,436, of
which 225,300 have been repurchased. The number of shares outstanding
is thereby reduced to 160,692,136, of which the number of C shares
amounts to 82,067,892 and the number of common shares to 78,624,244.
For more information, please contact:

General Counsel
Fredrik Hägglund
tel. +46-8-55 33 99 08

Head of Investor Relations
Pernilla Linger¨
tel. +46-8-55 33 99 55

Hakon Invest, which is listed on the OMX Nordic Exchange in
Stockholm, conducts active and long-term investment operations in
retail-oriented companies in the Nordic region. Hakon Invest owns 40%
of ICA AB, the Nordic region's leading retail company with a focus on
food. The portfolio also includes shares in Forma Publishing Group,
Kjell & Company, Hemma, Cervera and inkClub. Further information
about Hakon Invest is available at www.hakoninvest.se.