Information on previously communicated stock split

As previously communicated, on 18 March 2015 the Annual General Meeting of
Axfood Aktiebolag (publ) resolved in favour of a split of shares in the company,
whereby each currently existing share is to be split into four shares (4:1).

The following apply for the split:

  ·
The last day for trading before the split is 16 April 2015

  ·
The first day for trading after the split is 17 April 2015

  ·
The record date for the split at Euroclear Sweden is 20 April 2015

  ·
Shareholders do not need to take any action in connection with the split

As a result of the split, the number of shares in the company will increase from
52,467,678 to 209,870,712.

Starting on 17 April 2015, Axfood’s shares will have the following ISIN code:
SE0006993770. This is because the old shares will de facto remain in
shareholders’ securities accounts (VP-konto) through 20 April and will be
deregistered on 21 April.

For further information, please contact:
Karin Hygrell-Jonsson, Chief Financial Officer, Axfood AB: +46-70-662 69 70.
Axfood AB conducts food retail and wholesale business in Sweden. Retail business
is conducted through the wholly owned store chains Willys and Hemköp, comprising
259 stores in all. In addition, Axfood collaborates with a large 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 approximately 820 proprietor-run
stores. B2B sales are conducted through Axfood Närlivs and the wholly owned
Axfood Snabbgross chain. Wholesaling is conducted through Axfood Sverige. Axfood
is listed on Nasdaq Stockholm AB’s Large Cap list. Axel Johnson AB is the
principal owner, with 50.1% of the shares.