Notice of Hakon Invest Annual General Meeting

Shareholders in Hakon Invest AB (publ) are hereby summoned to the
Annual General Meeting to be held at 4.00 pm on Tuesday, April 22,
2008 in the Stockholm Conference Room at the Grand Hôtel in
Stockholm, at S. Blasieholmshamnen 8. Light refreshments will be
served from 2:30 p.m. in conjunction with the Meeting.

The Nomination Committee in Hakon Invest proposes the re-election of
Board members Lars Otterbeck, Cecilia Daun Wennborg, Jan-Olle
Folkesson, Olle Nyberg, Jan Olofsson and Thomas Strindeborn. Magnus
Moberg is proposed as new Board member. Magnus Moberg (born 1966) is
an ICA retailer in ICA Köpet Supermarket in Sandared. He is also a
member of the Board of the ICA-handlarnas Förbund since 2006. Magnus
Moberg was also a Board member of ICA-handlarnas Förbund during the
period 2002-2005. Olle Nyberg, who has been a member of the Board of
Hakon Invest since 2000, has declined re-election.

The Nomination Committee proposes that Lars Otterbeck be re-elected
Chairman.

More detailed information about the Board members is provided at
www.hakoninvest.se. It is proposed that fees to the Board of
Directors amount to SEK 1,980,000, of which SEK 550,000 to the Board
Chairman, SEK 330,000 to the Vice Chairman and SEK 220,000 to each of
the other members. Moreover, an additional SEK 325,000 is proposed to
be distributed for committee work.

The Board proposes the approval of the fundamental principles for
remuneration and employment terms for senior executives in Hakon
Invest. These principles are identical to those approved at the 2007
Annual General Meeting. In addition, an incentive program for 2008 is
proposed for senior executives and certain key personnel comprising a
bonus and call options program. It is intended that the company's
obligation regarding the options program will be hedged through the
repurchase of own shares, in accordance with the Board's proposal for
authorization to acquire own shares.

A dividend of SEK 6.00 per common share is proposed.

The complete notice is provided on the Group's website
www.hakoninvest.se and attached to this press release. Documentation
for certain decision points will be available on the website as of
March 19.

For more information, contact:

General Counsel
Fredrik Hägglund
tel. +46-8-553 399 08

Head of Investor Relations
Pernilla Linger
tel. +46-8-553 399 55

Hakon Invest, which is listed the OMX Nordic Exchange 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 focus on
food. In addition have holdings in Forma Publishing Group, Kjell &
Company, Hemma, Cervera and inkClub. Further information about Hakon
Invest is available at www.hakoninvest.se.