Axfood Närlivs renews contract with OKQ8

Axfood Närlivs renews contract with OKQ8

A new three-year contract has been reached between Axfood Närlivs AB and OKQ8
AB. The contract, which takes effect on 1 June 2008, covers supplies of
newsstand and retail food products to OKQ8's service station stores in Sweden.
The contract entails that sales to OKQ8 will remain roughly at the same level as
during the previous agreement term, i.e., approximately SEK 500 m per year.
Axfood Närlivs has supplied newsstand and retail food products to OKQ8 since
2000.

For further information, please contact:
Ragnar Landin, Manager Wholesale Business Area, Axfood Närlivs AB,  +46-706-58
56 75 
Ingmar Kroon, Press Manager, Axfood AB, +46-702-89 89 83

Axfood Närlivs is an open wholesaling operation. Its business concept is to
offer a complete system of products as well as market and concept support to the
wide range of customers in the convenience store sector. Axfood Närlivs is part
of Axfood AB which conducts retail trade through the wholly owned store chains
Hemköp, Willys, Willys hemma and PrisXtra, comprising roughly 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 brands. In all, Axfood collaborates
with over 500 proprietor-run stores. Axfood is listed on the The Nordic
Exchange, Large Cap. Axel Johnson AB is the principal owner, with approximately
46% of the shares.