Hakon Invest AB : Settlement in tenancy dispute

Hakon Invest's holdings ICA, Cervera, Kjell & Company and Hemtex have been
involved in a dispute with the former property owner Boultbee. The dispute
relates to costs for common areas in the property portfolio taken over by
Centeni in 2011. The parties have now reached a settlement.

Under the terms of the settlement the parties are agreed on costs for common
areas for 2008-2010. The parties are further agreed on the principle for future
cost charges which means that the tenants are able to predict their total costs.
In conjunction with this settlement, the parties have renewed their leasing
contracts relating to ICA Västermalmsgallerian and ICA Fältöversten in
Stockholm.

Lars Linder-Aronson, Chairman of the Board of Centeni, comments: "We inherited
this dispute when Centeni took over operations from the previous owner Boultbee.
Naturally it feels good that we have reached a solution that satisfies both
parties."

Claes-Göran Sylvén, President of Hakon Invest, comments: "We are pleased with
this settlement and what it has achieved. Reaching a solution to the common
costs was important for us as a matter of principle. We have appreciated the
dialogue with Centeni's representatives during this process."



For further information, please contact:

Legal counsel
Mårten Beck-Friis
tel +46 8 55 33 99 05

Hakon Invest, which is listed on Nasdaq OMX Stockholm, conducts active and long-
term investment operations in retail-oriented companies in the Nordic and Baltic
regions. Hakon Invest owns 40% of ICA AB, one of northern Europe's leading
retail companies with focus on foods. Hakon Invest also has holdings in Forma
Publishing Group, Kjell & Company, Cervera, inkClub and Hemtex. Further
information about Hakon Invest is available at www.hakoninvest.se.










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